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View Full Version : Banxico Rate-Cut Bets Tossed Out as Peso Plunges: Mexico Credit - Bloomberg



NewsWhore
09-23-2011, 04:40 AM
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Banxico Rate-Cut Bets Tossed Out as Peso Plunges: Mexico Credit (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFFPJVe7HrK_F24jNwDpMpZTLTiQw&url=http://www.bloomberg.com/news/2011-09-23/banxico-rate-cut-bets-tossed-out-as-peso-plunges-mexico-credit.html)
Bloomberg
Mexico&#39;s currency has sank 17 percent in the past two months to 14.0944 per dollar as Europe&#39;s deepening debt crisis added to concern the global economy was sinking into recession. The decline is the third-biggest in emerging markets after the South ...

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