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Mexico's peso strengthened on Thursday, rebounding from a fresh historic low hit in the previous session after President-elect Donald Trump warned U.S. auto companies would face a high tax for products made south of the border. The peso closed at 21.8 per dollar, up 0.27 percent on Wednesday's reference price.
Mexico's stock exchange also gained 0.28 percent, helped by a rise in shares in miner Grupo Mexico and cement company Cemex.
The U.S. dollar hit its lowest level in five weeks against a basket of currencies, pulling back from a high on Wednesday after investors were disappointed that Trump did not offer more details on fiscal spending and tax measures that could lift U.S. growth.
