Mexico's Central Bank Steps In as Peso Tumbles on Fed Rate BetsBy
Banxico sells $400 million to contain decline in peso
Currency retreated to the lowest level since Sept. 29
The Mexican central bank sold $400 million to contain a drop in the peso, its first currency intervention since the institution changed its support mechanisms last month.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.