Tuesday, July 17, 2007

Mexico's Peso Strengthens Against Dollar as Price of Crude Oil Advances

(Bloomberg) -- Mexico's peso rose against the
dollar amid a surge in the price of oil, the biggest source of
government revenue.

Mexico's peso rose 0.2 percent to 10.7596 per dollar at
11:50 a.m. New York time. The peso was the second-best performer
against the dollar among the 16 most-actively traded currencies
after the British pound.


Read more at Bloomberg Currencies News

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