Bloomberg: Mexican Peso strength signals upturn in Mexican economy

According to xe.com $ 1.00 USD = 12.8495 MXN

The peso has gained more than 7.0 percent since mid-July. This indicates Mexico's economy is recovering from its deepest recession since the 1930s. Mexican stocks have also rebounded.

Fed Chairman Ben Bernanke and other central bankers said at the annual meeting in Jackson Hole on Friday inicated the worst global recession was nearing a close.

source: http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSN245260720090824

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