Peso Ranks Among Best Performers After Pena Nieto Claims Victory
Mexico’s peso rallied to rank fourth
most among the world’s major currencies after presidential
candidate Enrique Pena Nieto claimed victory in national
elections on a pledge to boost economic growth and private
investment.
A preliminary count by the Federal Electoral Institute
showed that Pena Nieto has between 37.9 percent and 38.6 percent
of the vote, leading Andres Manuel Lopez Obrador of the
Democratic Revolution Party, who has 30.9 percent to 31.9
percent. Pena Nieto said last night in the capital that Mexicans
had opted to return to power his Institutional Revolutionary
Party, which ruled for more than 70 years until
Article source: http://www.businessweek.com/news/2012-07-01/mexican-peso-climbs-as-presidential-vote-mostly-free-of-violence