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View Full Version : Mexico Reduces Daily Dollar Auctions to $50 Million (Correct) - Bloomberg



NewsWhore
05-29-2009, 11:30 AM
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Mexico Reduces Daily Dollar Auctions to $50 Million (Correct) (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DasvqTnl9Y5Xw%26refer%3Dlatin_america&cid=1251238853&ei=AAIgSpOZN5Tq6wOIiPnlBw&usg=AFQjCNHNGR55scRUj8GABpgtvN40luw3-w)
Bloomberg
The central bank will also reduce the amount it offers in auctions when the peso weakens more than 2 percent in a day, the country&#39;s currency commission said in a statement. Those auctions will drop to $250 million from a previous $300 million, ...


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