Mexico's peso sinks as Dubai debt jitters hit markets

MEXICO CITY Nov 26 (Reuters) - Mexico's peso sank on Thursday as news of debt problems in Dubai sparked concern that still-weak global banks could be hit, and such worries pushed investors to sell off riskier assets around the world.

The peso MXN= MEX01 lost 1.05 percent to 12.96 per U.S. dollar, breaking a three-day winning streak that took the Mexican currency to its strongest close in a year. (Reporting by Michael O'Boyle; Editing by John Picinich) ((michael.oboyle@thomsonreuters.com; +5255-5282-7153; Reuters Messaging: michael.oboyle.reuters.com@reuters.net))