Mexican Peso Devaluation and Swap Arrangements.

Reviews events leading to devaluation of the Mexican peso in 12/94, subsequent decline in the peso's value, and announcement on 1/3/95 of an international rescue package, including a $9 billion U.S.-Mexico currency exchange (swap). Examines history of and authority for swap arrangements.

Bibliographic Details
Corporate Authors: Library of Congress. Congressional Research Service, ProQuest (Firm)
Format: eBook
Language:English
Published: [Place of publication not identified] : [publisher not identified], 1995-1996.
Series:U.S. Congressional Research.
Subjects:
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Call Number: CRS-1995-ECN-0017
 
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CRS-1995-ECN-0017 Available