MEXICO CITY, March 15 The Mexican peso gained
more than 1.5 percent on Wednesday after the U.S. Federal
Reserve raised interest rates, reaching the currency's strongest
level since U.S. President Donald Trump's election in November.
The Fed raised rates for the second time in three months,
with officials sticking to their outlook for two more rate hikes
this year and three more in 2018.
Peso traders had speculated that the bank
could tighten more quickly this year, and the Fed's guidance
helped drive gains in the Mexican currency, analysts said.
(Reporting by Miguel Angel Gutierrez; Editing by Richard Chang)