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4 years ago
Mexico's peso erases gains after Fed announcement
June 19, 2013 / 6:16 PM / 4 years ago

Mexico's peso erases gains after Fed announcement

1 Min Read

MEXICO CITY, June 19 (Reuters) - Mexico's peso erased gains and the country's blue chip stock index fell after the U.S. Federal Reserve said on Wednesday it would maintain its bond-buying program to support the U.S. economy.

Mexico's benchmark IPC stock index hit a session low after the Fed statement, falling by more than 0.8 percent on the day.

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