Mexican Peso Falls to Three-Week Low as U.S. Home Sales Drop
Tagged: MexicoPosted on: July 25th, 2007“Mexico’s peso fell to a three-week low as weakness in the U.S. housing market drove investors away from riskier assets such as emerging-market securities.
Mexico’s peso fell 0.2 percent to 10.8600 per dollar at 11 a.m. New York time after the National Association of Realtors in Washington D.C. said existing home sales fell 3.8 percent to the slowest pace in almost five years.”
Curation from Tomás
Filed Under: 1. Hispanic News, Business, International
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