English

Peso hits new low, breaks 16 peso per dollar mark

The peso, which touched 16.0050 peso per dollar, has hit a succession of lows against the greenback this year.

(Photo: Archive / EL UNIVERSAL)
20/07/2015 |08:31Reuters |
Redacción El Universal
Pendiente este autorVer perfil

Mexico's peso broke the 16 peso per dollar barrier for the first time in early trading on Monday, Reuters data showed.

The peso, which touched 16.0050 peso per dollar, has hit a succession of lows against the greenback this year, prompting the central bank to intervene in support of the currency.