Saturday, February 28, 2009

What's been spent so far

to "smooth the movements of the exchange rate"...

October US$13'096 million
November US$ 1'285 million
December US$ 797 million
January US$ 988 million
February 1-20 US$ 2'307 million

that's US$18'473 million, more than a fifth of Mexico's international reserves on December 31, 2008.

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