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Mexican peso proves winner as emerging market currencies tank

Posted on 16 July 2013

There is still an emerging-market currency holding on to year-to-date gains against the U.S. dollar, and it’s on track to break through a key level soon.
That currency is the Mexican peso , the only floating emerging-market currency that has gained against the dollar in 2013 to date, said Win Thin, global head of emerging market currency strategy at Brown Brothers Harriman. The dollar is down 1.2% against the Mexican peso in 2013, according to FactSet data………………………………………..Full Article: Source


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