Market optimism over the potential for interest rate cuts next year is dangerously overdone, according …
Read More »Mexico’s peso falls again despite currency hedge auctions
Susana Gonzalez | Bloomberg | Getty Images Mexican one thousand pesos bills are run through a counting machine inside a currency exchange store in Mexico City, Mexico. Mexico’s central bank sold an additional $500 million in foreign exchange hedges on Tuesday to support the peso amid uncertainty over the economic …
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