Mexican Peso Advances To More Than 4-month High Against U.S. Dollar
April 29 2016 - 6:10AM
RTTF2
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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