(Bloomberg) -- Mexico's peso advanced to the
strongest level in almost seven six months as investors bought
the country's bonds and stocks for higher returns.
``Investors are still chasing high yields,'' said Ricardo
Amorim, chief Latin America economist in New York at WestLB AG.
``All emerging-market currencies are doing well, including the
Mexican peso. The peso has more room to appreciate.''
Read more at Bloomberg Currencies News
strongest level in almost seven six months as investors bought
the country's bonds and stocks for higher returns.
``Investors are still chasing high yields,'' said Ricardo
Amorim, chief Latin America economist in New York at WestLB AG.
``All emerging-market currencies are doing well, including the
Mexican peso. The peso has more room to appreciate.''
Read more at Bloomberg Currencies News
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