On the 27th of April peso falls more than 2%, while dollar gains.
Both yen and dollar are rising on Monday, while Mexican peso falls because of concerns about spreading of the swine flu, which has already become a reason for death of over 80 people in Mexico. People in the United States of America and in Canada are also getting infected.
The World Health Organization called swine flu a public health emergency, which is of an international concern. The swine flu is considered possible to become a serious disease, which might have a global outbreak.
At the beginning of trade in Asia, Mexican peso fell over 2%, getting close to 13.60 pesos per one dollar (previously on Friday it was 13.284).
The dollar, at the same time, is still at its lowest monthly level versus the Japanese yen, but it’s currently gaining stronger positions against New Zealand and Australian dollar, and improving its positions in USD/EUR pair.
Investors and traders on the market are concerned about the spreading of the disease and have invested their money into safe currencies. It is thought that spreading of the swine flu in Latin America and elsewhere in the world can influence greatly its economy, especially causing problems in the tourism sector of the involved countries.