(Bloomberg) -- Mexico's peso fell to a two-week low
on worries faltering subprime mortgages may prompt investors to
avoid riskier, emerging market assets and sliding U.S. durable
goods orders could signal economic slowing.
``The jitters about the U.S. credit markets certainly
weighed on the peso,'' said Rafael de la Fuente, chief Latin
America economist for BNP Paribas in New York.
Read more at Bloomberg Currencies News
on worries faltering subprime mortgages may prompt investors to
avoid riskier, emerging market assets and sliding U.S. durable
goods orders could signal economic slowing.
``The jitters about the U.S. credit markets certainly
weighed on the peso,'' said Rafael de la Fuente, chief Latin
America economist for BNP Paribas in New York.
Read more at Bloomberg Currencies News
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