DUBAI / WAM Dubai Land Department (DLD) has announced the launch of Phase II of …
Read More »Citigroup tells investors to sell Mexico’s Peso and buy dollars
Bloomberg Investors should sell Mexico’s peso and buy dollars and euros amid a widening current account deficit in Latin America’s second-largest economy, according to Citigroup Inc. While Mexico’s peso has tumbled the most among major currencies this year on bets that higher borrowing costs in the U.S. will reduce the appeal of riskier assets, Citigroup says that local economic …
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