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Mexican Peso Depreciate Largely Against US Dollar
The board of the foreign exchange trading price is hung in front of a bank in Mexico City, Mexico, on January 14, 2009. The peso's exchange rate with the dollar surpassed one to 14.31 on Wednesday, losing about 27 cents from the rate on Tuesday. The central bank of Mexico auctioned US$400 million on Wednesday in an attempt to stem the depreciation of the Mexican peso. [Xinhua]

The board of the foreign exchange trading price is hung in front of a bank in Mexico City, Mexico, on January 14, 2009. The peso's exchange rate with the dollar surpassed one to 14.31 on Wednesday, losing about 27 cents from the rate on Tuesday. The central bank of Mexico auctioned US$400 million on Wednesday in an attempt to stem the depreciation of the Mexican peso. [Xinhua]

The board of the foreign exchange trading price is hung in front of a bank in Mexico City, Mexico, on January  14, 2009. The peso's exchange rate with the dollar surpassed one to 14.31 on Wednesday, losing about 27 cents from the rate on Tuesday. The central bank of Mexico auctioned US$400 million on Wednesday in an attempt to stem the depreciation of the Mexican peso. [Xinhua]

The board of the foreign exchange trading price is hung in front of a bank in Mexico City, Mexico, on January  14, 2009. The peso's exchange rate with the dollar surpassed one to 14.31 on Wednesday, losing about 27 cents from the rate on Tuesday. The central bank of Mexico auctioned US$400 million on Wednesday in an attempt to stem the depreciation of the Mexican peso. [Xinhua]

(Xinhua News Agency January 16, 2009)

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