Mexican Peso Advances To More Than 4-month High Against U.S. Dollar
06:10, 29th April 2016
(RTTNews) - The Mexican Peso gained ground against the U.S. dollar in New York trading on Friday, as latter declined across the board after the Fed dashed hopes for an imminent rate hike.
The Mexican Peso climbed to 17.0504 against the greenback, a level not seen since December 2015. The Mexican currency may locate resistance around the 16.00 area. The pair closed deals at 17.2622 on Thursday.
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