Mexico's peso reverses losses, gains after Fed holds rates
MEXICO CITY, Sept 17 (Reuters) - Mexico's peso gained on Thursday after the U.S. Federal Reserve announced it would hold interest rates steady , boosting chance the Mexican central bank will keep borrowing costs on hold next week.
The peso briefly strengthened more than 0.5 percent to its best level in about a month before retreating to 16.48 per dollar, up nearly 0.4 percent. (Reporting by Alexandra Alper and Michael O'Boyle)
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