Feedback
News

Mexican Peso Hits Historic Low Compared to U.S. Dollar

MEXICO CITY -- Mexico's peso depreciated to a historic low Wednesday morning of 18.478 pesos per dollar as falling oil prices dragged on global markets.

It later appreciated to hit 18.361 pesos per dollar at about 7:16 a.m. local time (1316 GMT).

Mexico's peso slumped 16.8 percent in 2015, the highest annual fall since 2008. So far in 2016 it has fallen about 6.6 percent.

Follow NBC News Latino on Facebook, Twitter and Instagram.