Thursday, November 8, 2012

Reuters: US Dollar Report: Mexico's peso slumps to 2-month low on global worries

Reuters: US Dollar Report
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Mexico's peso slumps to 2-month low on global worries
Nov 8th 2012, 15:57

MEXICO CITY | Thu Nov 8, 2012 10:57am EST

MEXICO CITY Nov 8 (Reuters) - Mexico's peso weakened to a two-month low on Thursday as concerns about Europe's weak economy and the ability of U.S lawmakers to reach a deal to avoid the so-called "fiscal cliff" weighed on global markets.

The peso shed 0.4 percent to 13.1220 per dollar, its weakest since early September.

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