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Are Mexico's international reserves at risk? - LatinAmerican Post


At the beginning of this month of December, the
Senate of the Republic of Mexico (one of the two Chambers of the Mexican Parliament) approved a controversial reform to the Law of the Central Bank of this country. For the first time in history, the Bank of Mexico will be able to buy the surplus in dollars that circulates in the territory, in order to increase its international reserves.
However,
this situation has worried various economists of the Aztec nation, since they consider that the autonomy of the Central Bank is being violated and international reserves are being put at risk. How many assets do international reserves have in the Latin American region? And how will this decision that will reach the Chamber of Deputies in February 2021 affect Mexico? ....

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