MEXICO CITY, Nov 6 (Reuters) - Mexico's peso sank to a one-month low on Friday, hurt by concerns tax reforms passed last weekend will not be enough to stave off a downgrade of the country's debt.
The peso MXN=MEX01 lost 1.1 percent to 13.433 per U.S. dollar, pushing past the 13.40 level, where traders said stop losses were layered. (Reporting by Michael O'Boyle)
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One residual from Timothy Geithner's rough confirmation back in January -- "Turbo Tax Tim" and all that -- is that his political position is probably a bit more precarious than that of the typical newbie treasury secretary. Blog
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