Mexican Peso Opens November 0.06% Higher After Eight-Week Slide

The Mexican peso started November 0.06% stronger at 18.7916 per U.S. dollar, a modest opening gain after an eight-week slide that left the currency down 11.25%.\n\nThe official close on Friday, Oct. 30, was 18.8037 pesos per dollar, a 0.18% gain for that session. The advance did not reverse the weekly decline: the peso lost 0.77% against the dollar over the week.\n\nThe currency’s year-to-date decline stood at 4.35%.