Mexican reserves will protect in election campaign

Mexico's large currency reserves offer protection against the risk that the peso could be destabilised during the country's presidential campaign, a regional Fed president said Friday.

"The (Mexican) Treasury has enough reserves to cover all of its foreign obligations over the next two years, which constitutes strong insurance against capital flight and mitigates against ... the risk of a run on the currency should the rhetoric or passions of a presidential election year evolve in a way that

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: