Excerpt from:  GFT Analysts in the News
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September 13, 2006

Mexican Fixed Exchange Rate Declines

Changes reflect solvency of foreign payments
Today Mexico's Official Gazette publishes Mexico's fixed exchange rate, which is dropping. It is at 11.0361 pesos on the U.S. dollar. The solvency of foreign payments in Mexican territory contributes to the fixed exchange rate.
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Topic Tags:  currency trading, exchange rate, foreign payments, forex market, forex trading, FX trading, Mexico fixed exchange rate

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