IMF Approves New USD 88 billion Credit Line For Mexico

Posted on:01 Dec 2017 13:14:54
IMF Approves New USD 88 billion Credit Line For Mexico
01 December 2017 Current Affairs: The International Monetary Fund approved a new USD 88 billion credit line for Mexico, replacing the existing line.

The two-year flexible credit line boosts Mexico’s ability to immediately deal with a potential need for liquidity, without having to request an IMF loan.

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