Lol, Mexico currency traders have a good idea to stop Trump's tweets from impacting the Peso.
There’s a strange idea circulating among Mexican currency traders. Well, more of a joke really. But there’s a certain logic to it.
It goes like this: Instead of spending its precious reserves to defend the peso, Mexico should just buy Twitter Inc. -- at a cost of about $12 billion -- and immediately shut it down. The notion made the rounds this week after the central bank revealed it had already blown through $2 billion of reserves in a largely futile effort to shield the peso from a steady stream of anti-Mexico Tweets from Donald Trump.
https://www.bloomberg.com/news/artic...d-peso-traders