Can the Mexican Peso Strengthen Further?
The Mexican peso has strengthened this year, but any further gains may be a long-run phenomenon.
Michael Hood
April 22, 2013
Mexican twenty peso bills and U.S. dollar bills are arranged for a photograph inside a currency exchange in Mexico City, Mexico, on Tuesday April 9, 2013. Mexicos peso rose to the strongest since August 2011 after a report showed faster-than-forecast inflation last month, damping speculation that policy makers will cut interest rates to slow the currencys advance. Photographer: Susana Gonzalez/Bloomberg
Susana Gonzalez/Bloomberg
