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View Full Version : Mexico’s Peso May Gain by Yearend, Messmacher Says - Bloomberg



NewsWhore
03-11-2009, 08:00 PM
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Mexico’s Peso May Gain by Yearend, Messmacher Says (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Da3KucSLgI4GA%26refer%3Dnews&cid=1314156745&ei=XVG4SeSIDqXWMOyToe0J&usg=AFQjCNFmzmfX_NPOCuSonNLmTN59XDN7AQ)
Bloomberg
A widening deficit, if not offset by a capital account surplus, can weaken the peso because an increase in imports compared with exports can boost demand for dollars and hurt the local currency. The peso touched an all-time low of 15.5892 on March 9, ...


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