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news Mexican peso rise after US gov't saves Citigroup; One Peso Blog
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Mexican peso rise after US gov't saves Citigroup

11/24/08 23:24

After the US government announced that it will rescue Citigroup Inc. from its bad assets, the Mexican peso rose in value mainly due to speculations that will greatly stabilize the US economy and fueled the demand for emerging-market assets.

More details about this rise in value of the Mexican peso here at Bloomberg.com

Link: Bloomberg.com: Latin America

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