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Showing posts with label U.S. monetary stimulus. Show all posts
Showing posts with label U.S. monetary stimulus. Show all posts

Friday, October 18, 2013

Mexico peso rally could spur bigger interest rate cut

MEXICO CITY, Oct 17 (Reuters) - Mexico's central bank could lower borrowing costs by more than expected next week if the country's currency keeps gaining ground and undercuts the stimulus policymakers delivered to a weak economy with last month's cut.