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View Full Version : Mexican Peso 'Clearly Undervalued,' Central Bank Head Says - Bloomberg



NewsWhore
09-23-2011, 03:00 PM
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Mexican Peso &#39;Clearly Undervalued,&#39; Central Bank Head Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGDb-eL0xHo2_cmoPSP4m3i0y8iAg&url=http://www.bloomberg.com/news/2011-09-23/mexican-peso-clearly-undervalued-central-bank-head-says-2-.html)
Bloomberg
The Mexican currency appreciated 3 percent to 13.6754 to the dollar as of 1:51 pm New York time. “At this stage the peso is clearly undervalued,” Carstens said in an interview in Washington. “Today, we are seeing an important correction in the exchange ...

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