Mexico Peso May Be Poised to Rally on Bargain Hunting: Video

Nov. 25 (Bloomberg) -- Mexico’s peso is poised to rise as much as 20 percent against the dollar o...  More »

Nov. 25 (Bloomberg) -- Mexico’s peso is poised to rise as much as 20 percent against the dollar over the next year because the currency is one of the cheapest in emerging markets and exports to the U.S. are set to grow, according to Pacific Investment Management Co. The rally will pick up after Fitch Ratings on November 23 cut the country’s rating one level to BBB. Bloomberg's Sara Eisen reports. (Source: Bloomberg)  « Less