1. Also, the cheaper peso is helping Mexican exports surge. 2. A stronger peso helps reduce the burden of dollar-denominated debts held by many utilities, boosting their profits. 3. A weaker peso helped to drag prices lower. 4. A strong peso helps stocks retain their value and raises earnings of companies that sell products in the local market by boosting consumer buying power. 5. A strong peso helps stocks retain their value and raises earnings of companies that sell products in the local market by boosting Mexican consumer buying power. 6. A stronger peso helps stocks maintain their value. 7. A strong peso helps stocks maintain their dollar value and plays a key role in keeping inflation in check. 8. A weaker peso can help make Mexican exports more attractive to customers around the world. 9. Finally, the stronger peso helped boost stocks. 10. Mexican stocks rose on expectations that a stronger peso will help interest rates fall and company earnings rise. |