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Mexico's peso surges on Bernanke comments
July 17, 2013 / 2:51 PM / 4 years ago

Mexico's peso surges on Bernanke comments

MEXICO CITY, July 17 (Reuters) - Mexico’s peso firmed 0.84 percent to trade at 12.5140 per dollar on Wednesday, after Federal Reserve chairman Ben Bernanke said a plan to taper stimulus could change if the economic outlook shifts.

The advance pushed the cost of dollars in pesos below the 100-day simple moving average.

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