A robust peso isn’t good news for everyone
- Details
- Published on Friday, 19 April 2013 13:08
- Written by GR Staff
Although the peso lost some ground midweek (it was trading at 12.40 to the dollar at Wednesday’s close), Mexico’s often-maligned currency has been on a roll recently, bringing with it both positive and negative fallout.
When the peso touched 12.07 to the dollar on April 11, the rate was at its lowest for 20 months.
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