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EMERGING MARKETS-Mexico peso weakens on NAFTA, Argentine peso hits new low

Reuters: Company News Reuters: Company News

By Miguel Gutierrez MEXICO CITY, May 14 (Reuters) - Mexico's peso weakened on Monday on uncertainty over an update of the North American Free Trade Agreement (NAFTA) after U.S., Canada and Mexico's representatives showed no sign of reaching a deal, while Argentina's peso hit an all-time low. Mexico's peso was at 19.6260 per U.S. dollar on Monday afternoon, almost 1 percent weaker than the day earlier reference price. The IPC stock index fell 0.45 percent. Investors are concerned

Reuters: Company News

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