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Weekly Report - 12 March 2020 (WR-20-10)

TRACKING TRENDS

MEXICO | Banxico intervenes in currency markets. On 9 March Mexico’s central bank (Banxico) announced that it was extending its foreign-exchange hedging programme, and increasing the amount of US dollars available to auction in the domestic currency markets from US$20bn to US$30bn, as part of efforts to reduce exchange rate volatility.

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