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Mexico’s Peso Weakens As Euro Debt Worries Feed Risk Aversion – Wall Street Journal

Mexico's Peso Weakens As Euro Debt Worries Feed Risk Aversion
Wall Street Journal
A Mexico City currency trader said the rate could touch MXN13.20, but he doubted it would go far enough to trigger dollar sales by the Bank of Mexico under its 2% rule. In late November, the central bank activated the dollar-sale mechanism under which

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