March 3, 2017 / 1:37 PM / in 8 months

Mexico's peso surges to best level since Trump election

MEXICO CITY, March 3 (Reuters) - Mexico’s peso strengthened sharply on Friday to its strongest level since the U.S. presidential election in November, after U.S. Secretary of Commerce Wilbur Ross said a sensible trade deal with Mexico will help the battered currency.

The peso strengthened more than 2 percent to 19.5750 per dollar, its best showing since Nov. 9 following Donald Trump’s surprise election win.

Reporting by Miguel Angel Gutierrez

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