Mexico and Peru: Latin America Bond and Currency Preview
By Admin Monday, January 18, 2010The following events and economic reports may influence trading in Latin American local bonds and currencies today. Bond yields and exchange rates are from the previous day’s session.
Mexico: The central bank on Jan. 15 warned that higher costs for state-controlled goods such as gasoline may fuel broader price increases. The bank also left its overnight lending rate unchanged at 4.5 percent, in line with the median estimate in a Bloomberg survey of 15 economists.
The peso slid 0.3 percent to 12.7073 per dollar… more
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