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View Full Version : Worst Mexican Peso to Tumble 17% as Deficits Grow, Says Ramirez - Bloomberg



NewsWhore
03-09-2009, 03:00 AM
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Worst Mexican Peso to Tumble 17% as Deficits Grow, Says Ramirez (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaBzxVTTkS0ak%26refer%3Dlatin_america&cid=0&ei=db-0SeGsMZGyMbqC3e0D&usg=AFQjCNH9l8YNErBxTCczVAIOoMnmzTKgEA)
Bloomberg
The currency will keep falling as oil output drops at the fastest pace since 1942, the current account deficit grows almost three-fold and President Felipe Calderon boosts spending ahead of July congressional elections, said Ramirez. ...


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