MEXICO CITY, April 5 Mexico's peso extended sharp gains on Friday, breaking a key level at 12.20 per dollar as it traded at its strongest in more than 19 months.
The peso firmed almost 1 percent to as strong as 12.1940 per dollar.
Mexico's peso may keep gaining ground due to optimism about the new government's economic reform plans and expectations the country could see a credit ratings upgrade this year.
Traders said investors took advantage of a steep sell off in the peso early in the session on weak U.S. jobs data to pile into the currency.
South Africa's Gordhan to court investors in Britain, U.S.
JOHANNESBURG, March 25 South African Finance Minister Pravin Gordhan embarks on a week-long non-deal investor roadshow in Britain and the United States on Monday as weak economic growth and ruling party tensions put the country's investment grade at risk.