Mexican peso slumps to record low against dollar

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A man walks by a newsstand displaying front pages showing images of US presidential candidates debate and Colombia's peace agreement, in Mexico City on September 27, 2016. Hillary Clinton's upbeat performance in the first US presidential debate over Republican rival Donald Trump caused the Mexican peso to have a fiesta in Asian trading, rebounding off a record low, rocketing over two percent to 19.4367 against the dollar. / AFP PHOTO / YURI CORTEZ
A man walks by a newsstand displaying front pages showing images of US presidential candidates debate and Colombia’s peace agreement, in Mexico City on September 27, 2016.
Hillary Clinton’s upbeat performance in the first US presidential debate over Republican rival Donald Trump caused the Mexican peso to have a fiesta in Asian trading, rebounding off a record low, rocketing over two percent to 19.4367 against the dollar. / AFP PHOTO / 

TOKYO, Japan (AFP) — The Mexican peso slumped to a record low against the dollar Wednesday as results in the US presidential election pointed to Donald Trump making a strong showing against Hillary Clinton in the race for the White House.

The unit, which has become a proxy for the property mogul’s chances of becoming US president, slumped to below 20 against the dollar, an historic low.

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