Mexico surprises with 75-basis point rate cut; stocks lose ground

Posted by admin on March 23, 2009 under News | Be the First to Comment

Mexico surprises with 75-basis point rate cut; stocks lose ground
LOS ANGELES (MarketWatch) — Mexican equities slipped Friday, losing gains that followed the central bank's surprise decision to deliver a deeper-than-expected interest-rate cut, with policymakers cit…

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