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Mexican President Enrique Pena Nieto is congratulating the U.S. on its election — though not directly winner Donald Trump, who alarmed many by describing Mexican migrants as murderers and rapists.

Pena Nieto has sent a series of tweets repeating his readiness to work with Trump "in favor of the bilateral relationship." He says Mexico and the U.S. "are friends, partners and allies who should continue collaborating for the competitiveness and development of North America."

The value of Mexico's peso currency plunged sharply after the election of Trump, who has denounced the North American Free Trade Agreement.

Mexican Treasury Secretary Jose Antonio Meade urged against "premature reactions." He said the election result won't immediately affect trade and said Mexico "is in a position of strength" to face whatever may come. ___

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