(Bloomberg) -- Mexico's peso gained the most in
more than a week on expectations the central bank this week
will keep its benchmark interest rate unchanged at its highest
since March 2006.
Policy makers will leave the overnight lending rate at 7.25
percent at their July 27 policy meeting, 13 of 15 economists
surveyed by Bloomberg predicted. Two expected policy makers to
raise the rate to 7.5 percent. A report tomorrow may show
consumer prices rose to the highest since January in the first
half of this month, a separate Bloomberg economists' survey
showed.
Read more at Bloomberg Currencies News
more than a week on expectations the central bank this week
will keep its benchmark interest rate unchanged at its highest
since March 2006.
Policy makers will leave the overnight lending rate at 7.25
percent at their July 27 policy meeting, 13 of 15 economists
surveyed by Bloomberg predicted. Two expected policy makers to
raise the rate to 7.5 percent. A report tomorrow may show
consumer prices rose to the highest since January in the first
half of this month, a separate Bloomberg economists' survey
showed.
Read more at Bloomberg Currencies News
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