Mexico peso down more as dollar rises, stocks fall

MEXICO CITY, Oct 19 (BestGrowthStock) – Mexico’s peso (MXN=: )
extended losses to be down 1.04 percent to 12.54 per U.S.
dollar on Tuesday as the greenback gained against a basket of
currencies after a surprise interest rate increase from China.

Investors cut risk exposure by selling the euro (EUR=: ) and
higher-yielding currencies such as the peso while U.S. stock
(.SPX: ) losses accelerated.
(Editing by James Dalgleish)

Mexico peso down more as dollar rises, stocks fall