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MNI POLICY: Mexico FX Intervention Only Amid Market Disorder

MNI reports on Mexico's FX policy outlook.

MNI (BRASILIA) - Mexico would only intervene in foreign exchange markets if the peso’s depreciation became disorderly, MNI understands. 

Any intervention would not aim to prevent depreciation but would be triggered only if there were significant disruptions to market functioning, as there is no specific exchange rate target. 

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MNI (BRASILIA) - Mexico would only intervene in foreign exchange markets if the peso’s depreciation became disorderly, MNI understands. 

Any intervention would not aim to prevent depreciation but would be triggered only if there were significant disruptions to market functioning, as there is no specific exchange rate target. 

Keep reading...Show less