Friday, January 25, 2013

Reuters: US Dollar Report: Mexico's peso slumps to two-week low

Reuters: US Dollar Report
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Mexico's peso slumps to two-week low
Jan 25th 2013, 15:43

MEXICO CITY | Fri Jan 25, 2013 10:43am EST

MEXICO CITY Jan 25 (Reuters) - Mexico's peso weakened on Friday to a two-week low, losing 0.81 percent to 12.7425 per dollar.

The peso has slumped about 1.5 percent from a 10-month high in the last week since the country's central bank signaled it could cut interest rates if inflation keeps cooling and growth flags.

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