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Peso ends the month weaker than at start for first time this year

The peso opened the month of August at 16.74 to the US dollar and closed at 17.05, depreciating 1.86%, and weakened again to 17.10 on Friday. ....

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Mexico Peso Sinks After Central Bank Says It'll Cut Currency Hedge Program

Mexico Peso Sinks After Central Bank Says It'll Cut Currency Hedge Program
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Mexico Peso Sinks After Central Bank Says It'll Cut Currency Hedge Program

(Bloomberg) Mexico’s peso sank after the central bank said it will reduce a hedge program designed to tame volatility, signaling to traders the rally that made the currency the world’s top performer may have gone too far.Most Read from BloombergUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintHong Kong to Shut Down City Before Super Typhoon Saola HitsUS Health Officials Urge Moving Pot to Lowe ....

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