Mexico’s Stocks Open Higher, Peso Gains versus U.S. Dollar

The Wall Street Journal, 8/6/12

Mexico’s stocks opened higher Monday in line with equities markets overseas, while the peso continued its recent positive run against the U.S. dollar…

Mexico’s peso continued to chalk up gains, after reaching its strongest close in three months following last Friday’s better-than-expected U.S. payrolls report. The peso was trading in Mexico City at MXN13.0750 to the dollar, according to
Infosel, compared with MXN13.1380 at the close Friday.

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