Mexican Peso Dips Following Controversial Justice Reform

The Mexican peso dropped to the 20-unit barrier after the lower house of Congress approved a contentious justice system reform. The currency was trading at 20.0010 units, down 0.38% from the previous day's reference price.

The Mexican peso experienced a sharp decline early Thursday, hitting the 20-unit barrier shortly after Mexico's lower house of Congress greenlit a controversial overhaul of the justice system.

According to market data, the peso, which is actively traded around the clock in international markets, was valued at 20.0010 units.

This marks a 0.38% decrease from the Reuters reference price recorded on Wednesday.

(With inputs from agencies.)