Tuesday, May 28, 2013

Reuters: US Dollar Report: Mexico's peso weakens to more than two-month low

Reuters: US Dollar Report
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Mexico's peso weakens to more than two-month low
May 28th 2013, 17:06

MEXICO CITY | Tue May 28, 2013 1:06pm EDT

MEXICO CITY May 28 (Reuters) - Mexico's peso lost 0.82 percent to trade at 12.5640 per dollar on Tuesday, its weakest intraday level since March 11.

The dip came after positive economic data out of the United States fed fears that the Federal Reserve may rein in its monetary stimulus, which has boosted appetite for riskier assets.

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