Mexican peso firms as dollar weakens vs currencies

23 November 2009 @ 08:47 am EDT

The Mexican peso firmed 0.50 percent to 13.0080 per dollar Monday morning as the greenback lost ground against a basket of currencies.

The dollar fell broadly, hitting a six-week low against the yen, after dovish comments from a U.S. Federal Reserve official reinforced the view that U.S. interest rates would stay low for a long time.

Copyright 2009 Thomson Reuters. All rights reserved.

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