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๐Ÿ“ˆ Business

Mexico's central bank gets bond-buying tool to shore up money-market liquidity

Mexico's central bank has published regulations allowing it to purchase certain local government securities to boost money-market liquidity. The tool is seen as a pre-emptive measure enabling the regulator to step in if investors are forced to sell Mexican assets. It represents a new stabilisation mechanism amid ongoing global financial volatility.

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