Wednesday, August 21, 2013

Reuters: US Dollar Report: Mexico's peso falls more than 1.4 pct ahead of Fed minutes

Reuters: US Dollar Report
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Mexico's peso falls more than 1.4 pct ahead of Fed minutes
Aug 21st 2013, 15:29

MEXICO CITY | Wed Aug 21, 2013 11:29am EDT

MEXICO CITY Aug 21 (Reuters) - Mexico's peso fell 1.48 percent on Wednesday as speculation swirled that U.S. Federal Reserve minutes due out later in the day will reinforce expectations of a pullback in stimulus next month.

The peso fell to 13.1650 per dollar on fears of a tapering in the bond-buying program, which has supported investor appetite for emerging market assets.

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