Financial structure and exchange rate experience: Mexico 1954–1977 |
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| Authors: | Guillermo Ortiz Leopoldo Solis |
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| Institution: | Banco de México, S.A., Mexico, D.F., Mexico |
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| Abstract: | This paper discusses the Mexican experience regarding exchange rate policy and the development of the financial market since the 1950's. The unique structure of Mexican financial institutions is described, with emphasis on how they have conditioned possibilities for monetary and exchange rate policy intervention. |
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