Mexico's central bank auctions off $200 million as peso nears 6-year low against US dollar

March 6, 2015 6:15 PM

10 0

MEXICO CITY – Mexico's central bank has auctioned off $200 million to shore up the peso as it nears a six-year low against the U.S. dollar.

The peso has come under new pressure on news of increased job creation in the United States, suggesting an improving U.S. economy.

Also read: Declining Ridership, Rising Costs Fuel MTA Deficit

Read more

To category page