51. He said the development should be taken in the context of the effect of the recent Mexican currency crisis on so-called emerging markets.
52. A trader with Credit Lyonnais said that it would be hard to restore confidence in the Mexican currency because it dropped sharply so recently.
53. Acting Cntral Bank governor Edgardo Zialcita said the strong investment performance showed that the country had regained the confidence of foreigners despite the Mexican currency crisis of last year.
54. Analysts said the move by the central bank was aimed at attracting back investment and easing the pressure on the Mexican currency.
55. But devalued Mexican currency has put plans on hold for now.
56. But market watchers said sentiment for the dollar remained weak amid concern towards the Mexican currency crisis and further inflation in the United States.
57. Dealers forecast the unit would continue to slip in coming weeks as a result of the Mexican currency crisis.
58. Dealers have forecast a weak spell for the unit as a result of the Mexican currency crisis.
59. Dealers said investors were being cautious and taking money out of South Africa in the wake of the Mexican currency crisis.
60. Dealers said overseas investors were wary of South Africa and other emerging markets because of the Mexican currency crisis.