Bank of Mexico delivers $2 billion surplus to the government

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Bank of Mexico

An increase in the value of the Bank of Mexico's dollar reserves contributed to a 31.4 billion peso ($2 billion) operational surplus in 2014, funds that will now be transferred to the government to fund infrastructure projects.

This is the first time since 2009 the central bank will transfer an operational surplus – funds left over after it sets aside capital reserves as required by law – to the government.

In 2014 the peso depreciated by 12.4% against the dollar, which gave rise to "positive

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