Mexico auctions off $351 million to bolster peso

Mexico's central bank has auctioned off $351 million in dollar reserves in a bid to stop a decline of the peso.

0

0

Mexico auctions off more foreign reserves for peso

Mexico's central bank has auctioned off another US$3 billion in foreign reserves, its third auction of the day in an increasingly aggressive bid to push the peso stronger. In all, the bank sold off $6.4 billion.

1

0

MANUFACTURERS and banks are firing workers. The value of wages fell last year. Credit card debts are piling up. The economy began to contract in the last quarter of last year. Mexico has been here before.

1

1

Currency worries in Brazil and Mexico

1

0

The dollar weakened further against the Mexican peso this week, appearing to be headed below the 10-to-the-dollar mark, a level not seen since 2002.

1

0

Wall Street's biggest banks are certain the Colombian peso, the world's hottest currency, will tumble for the rest of 2007 and may even erase this year's 17 percent gain.

0

0

A Texas fast food chain will soon start accpeting peso as payment. Interesting ramifications throughout the country are possible.

1

0

Good News for the Philippine Peso.

1

0