AMLO Knows Peso Vigilantes Can Sink His Agenda, Aide Says

  • Transition head Romo seeks to calm investor fears on policies
  • Currency has rallied since election after falling this year
Why RBC's Lignos Likes U.S. Dollar-Mexico Peso Trade
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Andres Manuel Lopez Obrador’s right-hand man has a message for investors fretting over the president-elect’s leftist vision for Mexico: Relax, he’s not going to try anything too crazy.

Since Lopez Obrador’s victory on July 1, transition chief Alfonso Romo has had the unenviable task of dispelling Wall Street’s worst fears about the leftist, and the policies he may pursue, after the landslide win helped his party secure large majorities in both houses of Congress.