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    Friday, November 27, 2009

    Bank Of Mexico Keeps Rates On Hold At 4.5%

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    By Polya Lesova
    MarketWatch Pulse
       

      FRANKFURT -- Mexico's central bank decided on Friday to keep its benchmark interest rate unchanged at 4.5%. The decision was in line with market expectations. Earlier this week, Mexico posted benign inflation figures, with the annual rate at a lower-than-expected 3.2% in the first half of November. In recent trading, the Mexican peso rose 0.7% against the U.S. dollar.

      Copyright © 2009 MarketWatch, Inc.

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