Monday, October 8, 2012

Reuters: US Dollar Report: Mexico's Carstens says peso rise to help cool inflation

Reuters: US Dollar Report
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Mexico's Carstens says peso rise to help cool inflation
Oct 8th 2012, 13:02

MEXICO CITY | Mon Oct 8, 2012 9:02am EDT

MEXICO CITY Oct 8 (Reuters) - The recent appreciation by the peso currency should help mitigate the impact of higher prices in Mexico, central bank governor Agustin Carstens was quoted as saying on Monday.

"There's a very important mitigating factor looking forward which is that the exchange rate has appreciated significantly in the past month, which mitigates the impact of higher commodity prices and of some of the goods in dollars," Carstens told newspaper 24 Horas in an interview.

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

0 comments:

Post a Comment

 
Great HTML Templates from easytemplates.com.