MEXICO CITY, July 5 Mexico's peso slumped on
Friday by the most in more than two weeks after a strong U.S.
jobs report backed expectations that the Federal Reserve will
trim its bond purchases later this year.
The peso shed 1.83 percent to 13.15 per
While strong jobs data bodes well for Mexican exports, the
prospect of the withdrawal of U.S. monetary stimulus is pushing
investors to now dump emerging market assets across the board.
Easy U.S. monetary policy in recent years had fueled big
flows into riskier assets around the globe and Mexico was a top