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View Full Version : Mexico Peso Falls Near Record Low Amid US Recession Concerns - Bloomberg



NewsWhore
02-25-2009, 10:30 AM
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Mexico Peso Falls Near Record Low Amid US Recession Concerns (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaMeoQfB6lAsc%26refer%3Dlatin_america&cid=1308040382&ei=k2SlSf7PHZGyMeiV_c0L&usg=AFQjCNGISZNVZBm17s6nE8X5jg12Q3Q97Q)
Bloomberg
The currency, which touched a record low of 14.9855 per dollar on Feb. 20, is down 32 percent in the past six months, the biggest decline among major currencies. Banco de Mexico has spent more than $18 billion of foreign reserves since October to stem ...


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