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July 02, 2018

Mexico peso firms sharply as exit polls show Lopez Obrador win

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Mexico peso firms sharply as exit polls show Lopez Obrador win
Bundles of Mexican Peso banknotes are pictured at a currency exchange shop in Ciudad Juarez

MEXICO CITY (Reuters) - Mexico peso firmed sharply after exit polls showed leftist outsider Andres Manuel Lopez Obrador handily won Mexico's presidential election on Sunday.

The peso extended gains after his rivals conceded, strengthening more than 1 percent against the dollar and leading gains among major currencies.

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