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View Full Version : Mexico Peso to Surge to 12.75 Per Dollar on IMF Line, RBC Says - Bloomberg



NewsWhore
04-03-2009, 05:20 PM
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Mexico Peso to Surge to 12.75 Per Dollar on IMF Line, RBC 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%3DaEbX_sEk4tx4%26refer%3Dlatin_america&cid=1325599173&ei=337WSZCqNZvW7AOOg9jWCA&usg=AFQjCNER3hlQUuwc2kdkKEVxPNhy1Rkfjw)
Bloomberg
Mexico’s central bank will cut its key lending rate by 1.75 percentage points to 5 percent by June, Chamie wrote. The currency rose for a fifth day today, strengthening 1.5 percent to 13.5476 per dollar at 4:18 pm New York time, from 13.7520 yesterday.


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