July 24, 2013 / 2:16 PM / 4 years ago

Mexico peso falls over 1 pct on U.S. homes data, stimulus fears

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MEXICO CITY, July 24 (Reuters) - Mexico's peso fell more than 1 percent on Wednesday after data showed new U.S. home sales in June reached a five-year high, sparking fears the U.S. Federal Reserve Bank might soon scale back its giant monetary stimulus.

The peso fell as much as 1.05 percent to 12.6230 per dollar.

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