NewsWhore
03-12-2009, 10:11 AM
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Mexico GDP May Contract 3.8% in 2009; Peso to Weaken, UBS 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%3Daz0.bxDTGohM%26refer%3Dnews&cid=0&ei=1Bi5SayDDJPaMdLPlPUJ&usg=AFQjCNF9CxTbh29uiH8CF1PJQLcQLIzorg)
Bloomberg
UBS said its estimate of a financing gap of $10 billion for Mexico in 2009 is “manageable” given expected inflows and the size of its foreign-exchange reserves. UBS expects the Mexican currency to weaken to 16 pesos per dollar by the end of the year.
More... (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Daz0.bxDTGohM%26refer%3Dnews&cid=0&ei=1Bi5SayDDJPaMdLPlPUJ&usg=AFQjCNF9CxTbh29uiH8CF1PJQLcQLIzorg)
Mexico GDP May Contract 3.8% in 2009; Peso to Weaken, UBS 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%3Daz0.bxDTGohM%26refer%3Dnews&cid=0&ei=1Bi5SayDDJPaMdLPlPUJ&usg=AFQjCNF9CxTbh29uiH8CF1PJQLcQLIzorg)
Bloomberg
UBS said its estimate of a financing gap of $10 billion for Mexico in 2009 is “manageable” given expected inflows and the size of its foreign-exchange reserves. UBS expects the Mexican currency to weaken to 16 pesos per dollar by the end of the year.
More... (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Daz0.bxDTGohM%26refer%3Dnews&cid=0&ei=1Bi5SayDDJPaMdLPlPUJ&usg=AFQjCNF9CxTbh29uiH8CF1PJQLcQLIzorg)