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Mexico keeps IMF credit line, to maintain access to around $47 billion

MEXICO CITY (Reuters) - The International Monetary Fund (IMF) has concluded that Mexico still meets the eligibility criteria for a flexible credit lin...

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Government wants to eliminate shortage of cashless dollars

Engels, Suriname nieuws - President Chan Santokhi wants to solve the problem of non-cash dollars Due to the fact that the case surrounding the confiscated money transport of 19.5

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Price intervention decision already taken in government council

Engels, Suriname nieuws - The continued rise in the exchange rate means that price adjustments are taking place everywhere. As of today, the US embassy has adjusted the exchange

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Suriname's corruption and money laundering challenges

Earlier this month, the findings of Suriname’s National Risk Assessment on anti-money laundering and corruption were released. While the country has made progress, it faces a continued struggle to reshape a history and culture of deep institutional corruption.

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"Схемы" обвинили зама Кличко Андрея Крищенко в захвате острова на Оболони. Что он ответил

"Схемы" обвинили зама Кличко Андрея Крищенко в захвате острова на Оболони. Что он ответил
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UPDATE 1-Mexico announces auctions for total of $800 mln via Fed swap line


By Reuters Staff
(Adds quote, background)
MEXICO CITY, May 24 (Reuters) - Mexico’s foreign exchange commission announced on Monday two currency auctions for $400 million each using a swap line with the U.S. Federal Reserve, the finance ministry and central bank said in a joint statement.
The auctions will be held on May 26 and May 28, the statement said, adding that the operations will have maturity periods of 84 and 79 days, respectively.
“The Foreign Exchange Commission will continue to evaluate the operating conditions in the market, exchange rate and, if necessary, take additional actions,” the statement said.
In March 2020, Mexican financial authorities said they would activate the Fed swap mechanism up to $60 billion to support liquidity in the market as the peso currency suffered sharp losses against the dollar.

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