Currency of Mexico.
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Mexico's peso MXN= showed little reaction to the data in early morning trading.
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The peso MXN= traded about 1 percent stronger after the announcement.
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The peso MXN= rose slightly after the announcement, which was in line with analyst estimates.
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Meanwhile, a deep slump in the peso MXN= is increasing the weight of its dollar-denominated debts.
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But forecasts for Brazil's real BRBY and Mexico's peso MXN= reflect caution over a weak economic outlook.
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The Mexican peso recouped some losses after falling to a record low.
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Other currencies affected are the Australian dollar, Brazilian real and Mexican peso.
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FOREX: The Canadian dollar and Mexican peso gained against the U.S. dollar.
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The Canadian dollar and Mexican peso gained slightly against the U.S. dollar.
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The Mexican Peso has seen similar resilience over the past couple of months.
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The Mexican peso and Brazilian real moved sharply amid political changes.
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The Mexican peso, however, traded nearly flat as some investors considered it oversold.
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The Mexican peso has fallen about 11 percent against the dollar this year.
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The standard deviation for Mexican peso estimates reached a 15-month high.
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The weak Mexican peso is also raising Cemex's debt servicing costs.
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The Mexican peso has also backed away from record lows vs. the USD.
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And with the Mexican peso hitting record lows it's a very affordable destination.
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The following table shows the average expectations of analysts, in millions of Mexican pesos:
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One currency that remains heavily sold is the Mexican peso.
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The Brazilian real and the Mexican peso, were both lower.
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One of the Eurobonds is denominated in Mexican pesos and matures in June 2022.
