FX Interventions and USD/MXN Exchange Rate
The Bank of Mexico's 2017 domestic nondeliverable forwards (DNDF) policy successfully reduced depreciation pressure and volatility of the USDMXN exchange rate, strengthening the Mexican Peso.
Featured in No. 71 on 23 Oct 2024 · 5 days after release
- Released
- 18 Oct 2024
- First featured
- No. 71 · 23 Oct 2024
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- Identifier
- SSRN 4992672
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