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View Full Version : Mexican Peso Slides to One-Week Low on Economic Growth Concerns - Bloomberg



NewsWhore
03-23-2009, 03:50 PM
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Mexican Peso Slides to One-Week Low on Economic Growth Concerns (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaZYQ59ti2XS0%26refer%3Dlatin_america&cid=0&ei=ENvHSfWiMZCA7QPBo5SCDw&usg=AFQjCNEJeBPdfv-pD9lFZggYO_GllQI__w)
Bloomberg
The currency dropped 1.5 percent to 14.3874 per US dollar at 1:34 pm New York time, from 14.1712 on March 20. The peso has declined 5 percent this year. Banco de Mexico cut its target rate to 6.75 percent from 7.5 percent on March 20 as policy makers ...


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