PDA

View Full Version : Mexican Peso to Tumble 15% on Deficits, Says Ramirez - Bloomberg



NewsWhore
03-09-2009, 04:20 PM
<img alt="" height="1" width="1">
Mexican Peso to Tumble 15% on Deficits, Says Ramirez (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaHWWAcJnKGSY%26refer%3Dlatin_america&cid=0&ei=y3q1SYSvEoyi0QX9r-X6BQ&usg=AFQjCNFV5zCJpFAF0Vpo1Ct-qiqSAcitOA)
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. ...


More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaHWWAcJnKGSY%26refer%3Dlatin_america&cid=0&ei=y3q1SYSvEoyi0QX9r-X6BQ&usg=AFQjCNFV5zCJpFAF0Vpo1Ct-qiqSAcitOA)