Mexican peso recovers against the dollar; closes at $19.62

Mexican peso recovers against the dollar; closes at .62

Mexico City. After the Bank of Mexico did not copy the same dose of interest rate cuts as its US counterpart this Thursday, the Mexican peso recovered against the dollar. At the close of the session in the interbank (wholesale) market, the Mexican currency registered a daily appreciation of 0.09 percent, equivalent to 1.75 cents, … Read more