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View Full Version : Mexico Bank Lowers Rate More Than Forecast Amid Economic Slump - Bloomberg



NewsWhore
04-17-2009, 11:20 AM
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Mexico Bank Lowers Rate More Than Forecast Amid Economic Slump (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DajjvTRcKVCIw%26refer%3Dhome&cid=1335069313&ei=xp_oSYXJJ5PK6QPZxajqBw&usg=AFQjCNHLe008U3WK9BcquQ-QoWbX8oKWTg)
Bloomberg
The peso has gained 19 percent since reaching a record low on March 9, the best performing currency in Latin America. It had slumped more than 32 percent in the six months prior to hitting the record low. Lower interest rates can help prompt businesses ...


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