Mexico peso hits 5-month highs as rates seen steady

Mon Mar 31, 2008 9:54pm IST

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MEXICO CITY, March 31 (Reuters) - Mexico's peso strengthened to five-month highs against the dollar on Monday on market expectations the central bank will not lower official interest rates any time soon.

The currency MXN= MEX01 firmed 0.61 percent to 10.6310 per dollar. (Michael O'Boyle and Vanessa Padilla; Editing by James Dalgleish)

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