
*Updated June 21*
Guadalajara -
Pity the peso. Just three weeks ago the dollar hit a 21 month low against Mexico's currency, trading at a meager 11.98 when markets closed. But over the past week greenbacks have roared back, and today the exchange rate broke 13 pesos for the first time since the end of 2012. Dollar continues downhill slide against peso.
What happened? Economists have an explanation.