The Mexican peso devaluation and swap arrangements


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File size 3.1 Mb.
Date added 2016-09-08
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Author Arlene Wilson, Library of Congress. Congressional Research Service.
Language English
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The Mexican peso devaluation and swap

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Get this from a library! The Mexican peso devaluation and swap arrangements. [Arlene Wilson; Library of Congress. Congressional Research Service.]

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Devaluation - Wikipedia

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Wilson was opposed to devaluation, in part due to the bad memories of the 1949 devaluation and its negative impact on the Attlee government, but also due to the fact that he had repeatedly asserted that Labour was not the party of devaluation. Devaluation was avoided by a combination of tariffs and raising $3bn from foreign central banks.

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Investment, Devaluation, and Foreign Currency …

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For example, Aguiar [13] finds that Mexican firms with heavy exposure to short-term foreign currency debt before the 1994 devaluation experienced relatively low levels of post-devaluation investment.

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