The Mexican peso has continued to weaken as Mexico's outgoing president _ and his successor _vowed to forge ahead with some 20 constitutional changes that have rattled investors.
Mexico's future President Claudia Sheinbaum speaks during a press conference in Mexico City, Tuesday, June 11, 2024. – The Mexican peso continued to weaken Tuesday as Mexico’s outgoing president — and his successor — vowed to forge ahead with some 20 c
Sheinbaum belongs to López Obrador's Morena party, where he remains a far more influential figure than her, and thus she has little room to argue for reconsidering or putting off any of the changes. Never one to back away from a fight, López Obrador said he was more convinced than ever to start pushing the reforms through in September in Congress, where his Morena party has won the two-thirds majority needed to change the Constitution. López Obrador leaves office Sept. 30.
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