Mexico's peso slumps after weak IP, cenbank minutes

MEXICO CITY Fri May 10, 2013 10:55am EDT

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MEXICO CITY May 10 (Reuters) - Mexico's peso slumped on Friday, hit by weak industrial production data for March in Latin America's No. 2 economy and central bank minutes that highlighted risks to growth, both backing expectations of further interest rate cuts.

The peso shed more than 1 percent to 12.1225 per dollar.

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