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The peso closed yesterday to its weakest level this year after investors shunned risky assets due to tensions in North Korea and after Japan announced it is ramping up asset purchases to fight deflation.

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NERI AND RAVELAS

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abtest

Peso at weakest level this year: Fall driven by geopolitical risks, Korea tensions

April 5, 2013 - 12:00am

The peso closed yesterday to its weakest level this year after investors shunned risky assets due to tensions in North Korea and after Japan announced it is ramping up asset purchases to fight deflation.

Business