Mexico's pesos hits 18-month high after US Fed statement

MEXICO CITY, March 20 Wed Mar 20, 2013 2:16pm EDT

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MEXICO CITY, March 20 (Reuters) - Mexico's peso currency hit an 18-month high of 12.3550 per dollar on Wednesday after the United States Federal Reserve said it would press forward with its aggressive efforts to stimulate the U.S. economy through large-scale bond purchases.

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