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View Full Version : Mexico’s Bonds Drop, Peso Weakens as Traders Pare Rate-Cut Bets - Bloomberg



NewsWhore
02-23-2009, 08:50 PM
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Mexico’s Bonds Drop, Peso Weakens as Traders Pare Rate-Cut Bets (http://news.google.com/news/url?sa=T&ct=us/8-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Dab7iuug0uFkg%26refer%3Dlatin_america&cid=0&ei=1FKjSdv8OomOwwGNnZCUBw&usg=AFQjCNEre7G6WDFV9Ioyh7BsivqsjJeysg)
Bloomberg
Banco de Mexico bought pesos directly from banks for a second day to shore up the currency, according to a statement from a joint central bank and Finance Ministry commission. The peso plunged 1.2 percent to 14.9525 per US dollar at 6:05 pm New York ...


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