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-Bank of Mexico says political crisis affecting exchange rate

Nov 20, 2018 - Global Banking News

Global Banking News - 20 November 2018

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Bank of Mexico's governing board said that the peso had depreciated significantly on the cancellation of plans to build the New Mexico City International Airport.

The apex bank said that recent announcements from the Mexican government and fears about its impact on the economy have affected the value of the peso.

The Mexican central bank has said that political problems in the nati...