Mexico’s Peso Rises as Unemployment Falls

March 25 (Bloomberg) -- Mexico’s peso rose for the third time this week as the unemployment rate in February fell more than forecast.  The currency gained 0.2 percent to 12.5655 per U.S. dollar at 5 p.m. New York time, from 12.5857 yesterday.

The unemployment rate fell to 5.43 percent in February, from 5.87 percent in January, the national statistics agency said today. Economists forecast a jobless rate of 5.7 percent, according to the median of 15 estimates compiled by Bloomberg.

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