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



NewsWhore
03-23-2009, 07:20 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%3DaWzCcsaHyRWY%26refer%3Dnews&cid=1319166382&ei=OAzISZLzGYXE6QPSx9T8Dg&usg=AFQjCNHfLyZW7qbfy3fSU7xhiKlfX7wZsg)
Bloomberg
The currency dropped 0.7 percent to 14.2733 per US dollar at 5 pm New York time, from 14.1712 on March 20. The peso has declined 4.2 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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