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Mexico peso erases early losses, breaks key level
July 12, 2013 / 2:30 PM / 4 years ago

Mexico peso erases early losses, breaks key level

MEXICO CITY, July 12 (Reuters) - Mexico’s peso on Friday reversed earlier losses after the Central Bank said the balance of risks for inflation had improved in its decision to keep rates on hold.

The peso gained 0.07 percent to break the key 12.80 per dollar level, trading at 12.7955 per greenback.

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