Mexico on an upswing

Mexico's inflation has come down and the economy has recovered sharply, but can the central bank keep up the good work? Benedict Mander reports for CentralBankNet.

Much has changed since Mexico was in the throes of a devastating currency crisis just a decade ago. The current central bank governor, Guillermo Ortiz Martinez, who became finance minister after the peso was devalued in late 1994, was instrumental in engineering a remarkably rapid recovery, backed by a $50 billion bailout by the IMF

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