After ticking up to 13.9267 by about 5:50 am ET, the US currency lost ground against the Mexican peso in New York deals on Tuesday. At 12:55 pm ET, the greenback slipped to a new multi-month low of 13.4518 versus the peso, compared to Monday's New York session close of 13.5928. As of now, the pair is trading near 13.48.

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