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Mexican peso more attractive than regional currencies in 2023: BofA and JPMorgan

The Mexican peso is about to score an outstanding 2023, while investors point to the safe haven elements of the currency with reason for optimism.

JPMorgan Chase & Co. and Bank of America Corp. are touting the Mexican peso as the most attractive currency bet in Latin America, impressed by Mexico's stable political and fiscal positions, still-high interest rates, and proximity to the United States. For some, that turns this month's peso . . .

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