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



NewsWhore
05-29-2009, 02:50 PM
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Mexico Reduces Daily Dollar Auctions to $50 Million (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaTxYF12uoiNU%26refer%3Dnews&cid=1249348399&ei=7DAgStKvIZfO6QPU9MHnBw&usg=AFQjCNEEkU-MmduPYrf1P0Bg27yTL-tIrQ)
Bloomberg
By Valerie Rota May 29 (Bloomberg) -- Mexico cut its daily dollar auctions in half to $50 million from $100 million as a three-month rebound in the peso from a record low curbed the need for policy makers to defend the currency. ...


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