Mexican Central Bank Lifts Bar To CME's Planned Peso Futures
EXCHANGES
Mexico's central bank took major steps towards liberalising trading in the Mexican peso last week. Banco de Mexico lifted the 10-year-old restrictions that prevented trading in Mexican peso futures and options on the Chicago Mercantile Exchange (CME). Later officials from the Bolsa Mexicana de Valores said they would introduce a peso futures contract as early as April.
The CME listed a peso contract in May 1972, but was forced to withdraw it in November 1985 when the Banco de Mexico imposed
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