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



NewsWhore
04-17-2009, 12:20 PM
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Mexico Bank Lowers Rate More Than Forecast Amid Slump (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaCuOqKWftat8%26refer%3Dlatin_america&cid=1335069313&ei=4K3oSdHLJpWA7QPo6YXjBw&usg=AFQjCNFhkfKPWidD2BN31OMLU6X7jWNSHg)
Bloomberg
The currency had traded as strong as 12.9813 to the dollar earlier in the day. Through yesterday, the peso had 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 ...


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