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View Full Version : Mexico's Peso Reaches Six-Year High on Rate-Increase Prospects - Bloomberg



NewsWhore
08-02-2008, 09:30 PM
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Mexico&#39;s Peso Reaches Six-Year High on Rate-Increase Prospects (http://news.google.com/news/url?sa=T&ct=us/7-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DarXltEvK0zec%26refer%3Dnews&cid=0&ei=qwqVSOSmA4jO-AGy9vXhBA&usg=AFQjCNGzm0ZUQE97ITbxe2vPKpae7SWb2w)
Bloomberg - Aug 1, 2008
``While its true that a strong currency erodes the price competitiveness of exporters, it is no less true that entrenched high inflation hurts ...


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