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View Full Version : Mexico Peso Weakens to Lowest Since February on U.S.'s Rating Downgrade - Bloomberg



NewsWhore
08-08-2011, 07:00 PM
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Mexico Peso Weakens to Lowest Since February on U.S.&#39;s Rating Downgrade (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNELemiYhnUocmAXsV8wauXbk--vRA&url=http://www.bloomberg.com/news/2011-08-08/mexico-peso-weakens-to-lowest-since-february-on-u-s-s-rating-downgrade.html)
Bloomberg
The drop erased most of this year&#39;s gain, leaving the currency up 0.1 percent for the year. S&P lowered the US long-term rating one level to AA+ after markets closed on Aug. 5 in the country&#39;s first-ever reduction. Moody&#39;s Investors Service and Fitch ...

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