Mexican Peso At 1-week Low Versus U.S. Dollar
21 October 2015 - 7:29PM
RTTF2
The Mexican Peso lost ground against the U.S. dollar in European
deals on Wednesday, as commodities fell on worries over slowing
demand in China.
Further weighing on the currency was a higher dollar, which was
buoyed following yesterday's upbeat U.S. housing starts data.
The Mexican currency that closed Tuesday's trading at 16.55
against the greenback depreciated to a weekly low of 16.66. The
Mexican Peso is likely to find support around the 17.00 region.
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