mexicodailypost.com
Mexican peso remains flat against the U.S. dollar - Monterrey Daily Post
Mexico’s peso was flat against the dollar after figures showed annual inflation continued to moderate in April, fuelling hopes the Bank of Mexico’s monetary tightening cycle may be ending. Mexico’s annual inflation rate slowed for the third consecutive month, to 6.25%, according to the data. “This means that another 25 basis point interest rate hike […]
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