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View Full Version : Mexico’s Bonds Drop, Peso Weakens on Reduced Rate-Cut Bets - Bloomberg



NewsWhore
02-23-2009, 06:50 PM
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Mexico’s Bonds Drop, Peso Weakens on Reduced Rate-Cut Bets (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaJ13rLh1KQqo%26refer%3Dlatin_america&cid=1307532716&ei=sDajSZ_JF5-oxAGBzNyPBw&usg=AFQjCNHms6zXC6toJmWN8onJO-AlXBVqpg)
Bloomberg
The peso dropped as much as 1.2 percent today, prompting policy makers to buy pesos directly from banks for a second consecutive day, said Vicente Gonzalez, director of currency trading at RBS Mexico, a unit of the Royal Bank of Scotland Plc. The peso ...


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