NewsWhore
02-25-2009, 01:50 PM
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Mexico Reports Largest Current Account Gap Since 2000 (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaCaPOf8Qtqis%26refer%3Dlatin_america&cid=1308040382&ei=epOlSfLLN5LKMqLZgdML&usg=AFQjCNHc6v_6VNaHVorvwzp9EEoF_lnRBA)
Bloomberg
That may further weaken the peso because an increase in imports compared with exports can boost demand for dollars and hurt the local currency, she said. “During the year we could have a balance of payment problem,” Paredes said from Mexico City. ...
More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaCaPOf8Qtqis%26refer%3Dlatin_america&cid=1308040382&ei=epOlSfLLN5LKMqLZgdML&usg=AFQjCNHc6v_6VNaHVorvwzp9EEoF_lnRBA)
Mexico Reports Largest Current Account Gap Since 2000 (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaCaPOf8Qtqis%26refer%3Dlatin_america&cid=1308040382&ei=epOlSfLLN5LKMqLZgdML&usg=AFQjCNHc6v_6VNaHVorvwzp9EEoF_lnRBA)
Bloomberg
That may further weaken the peso because an increase in imports compared with exports can boost demand for dollars and hurt the local currency, she said. “During the year we could have a balance of payment problem,” Paredes said from Mexico City. ...
More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaCaPOf8Qtqis%26refer%3Dlatin_america&cid=1308040382&ei=epOlSfLLN5LKMqLZgdML&usg=AFQjCNHc6v_6VNaHVorvwzp9EEoF_lnRBA)