16:51 GMT +319 August 2019
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    A man works at Mexico's stock exchange, or MBV, next to a television showing U.S. stock markets during trading in Mexico City

    Mexican Stock Exchange Falls to Five-Year Low Amid Trump's Victory

    © AP Photo / Gregory Bull
    Latin America
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    Donald Trump Elected 45th US President (281)

    The Mexican Stock Exchange (BMV), the second largest in Latin America, showed the greatest drop in the past five years on Thursday, the the wake of Trump's victory in the US presidential election.

    MEXICO CITY (Sputnik) – The Bolsa IPC Index was down 4.57 percent on Thursday evening. Overall on Thursday the IPC dropped by 2,160 points, standing at 45,200 (as compared to 47,400 points late on Wednesday).

    The Mexican peso was the first to take a hit when the victory of Donald Trump in the US presidential elections became obvious. The currency lost 13 percent against the US dollar in the early hours of Wednesday.

    Since the start of the year, the drop of the peso against the US dollar has reached almost 19 percent.

    Trump won in the Tuesday US presidential elections, despite expectations that his Democratic rival Hillary Clinton would come ahead.

    Donald Trump Elected 45th US President (281)


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