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View Full Version : Mexico Central Bank Sells $258 Million at Dollar Auction - Bloomberg



NewsWhore
05-23-2012, 03:00 PM
Mexico Central Bank Sells $258 Million at Dollar Auction (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG142uxAdOBQdcWpsIZ4o6mBjROAA&url=http://www.bloomberg.com/news/2012-05-23/mexico-central-bank-sells-258-million-at-dollar-auction-1-.html)
Bloomberg
“The idea is to prevent speculators from artificially taking the exchange rate to levels that are too high,” Mario Copca, a currency strategist at Metanalisis SA, said in a telephone interview from Mexico City. “We saw it function.

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