Mexican Peso Reaches Two-Week High After U.S. New Homes Report – (I find this relationship strange)
Tagged: MexicoPosted on: January 18th, 2007“Mexico’s peso strengthened to a two- week high after unexpectedly strong U.S. new home construction buoyed optimism that demand for Mexican goods will remain robust.
The peso rose for a second day after a U.S. report suggested a slump in construction last year may have bottomed and won’t constrain consumer demand. The U.S. buys about 80 percent of Mexican exports.”
Curation from Tomás
Filed Under: 1. Hispanic News, Business, International
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