(Bloomberg) -- Mexico's peso fell the most in two
weeks as rising interest rates in developed countries trimmed
demand for riskier assets.
``There's an increase in risk aversion,'' said Francisco
Diez, director of emerging-markets trading in Toronto at RBC
Capital Markets. ``This is affecting all emerging-market
currencies, including the peso.''
Read more at Bloomberg Currencies News
weeks as rising interest rates in developed countries trimmed
demand for riskier assets.
``There's an increase in risk aversion,'' said Francisco
Diez, director of emerging-markets trading in Toronto at RBC
Capital Markets. ``This is affecting all emerging-market
currencies, including the peso.''
Read more at Bloomberg Currencies News
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