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Mexico's Peso Recovers Against Dollar

12 September, 2012

Mexico's peso recovered against the U.S. dollar this week,reaching its highest
level since last December.

A rise in commodities and stocks helped demand
for emerging-market assets. Oil,Mexico's biggest export,increased as much as
6.2 percent in one day.

At 2.49pm Eastern Time today,the Mexican peso
was worth 7.624 U.S. cents (1 USD = 13.1170 MXN).

Statistics from Bloomberg.

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