Mexico: 7 billion dollars spent to stop the currency devaluation, unsuccessfully
The government has spent over 7 billion dollars in order to defend the Mexican peso. This kind of action will not achieve to contain the exchange rate towards the dollar, which by September will exceed 17 pesos per dollar. Shortly the “convenience” of the devaluation will be declared.
Gastan, sin éxito, 7 mil MDD para detener devaluación
