tyb
Mexican forex commission announces $7.5 bln in two auctions -statement
Mexico’s foreign exchange commission announced on Friday two currency auctions totaling $7.5 billion using a swap line with the U.S. Federal Reserve, the finance ministry and central bank said in a joint statement.
Mexico’s central bank said on July 29 that it extended the duration of a Fed swap line of up to $60 billion until at least March 31, 2021, from a prior expiration date of September 30.
In late March, Mexican financial authorities said they would activate the Fed swap mechanism to support liquidity in the market as the peso currency suffered sharp losses against the dollar.
https://www.reuters.com/article/mexico-forex/update-1-mexican-forex-commission-announces-7-5-bln-in-two-auctions-statement-idUSL1N2G81AW
Running out of options…told ya they would start doing currency swaps in a big way earlier this year.
Dwarf in the back row…
Don't care faggit