Monday, October 13, 2008

Mexican Stock Market - The Peso

Forgot to add, the Mexican Bolsa closed 11% up today and the peso fell to 12.35. There were two attempted dollar auctions but nobody bought. So things are going well. We still have a reserve of over 80 billion dollars in cash. Good new! Looks like the rest of the markets are recovering, let's hope it lasts.

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