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dec 20, 1994 - Mexico devalues the Peso

Description:

December 20th, 1994

The new cabinet concludes that the situation is unsustainable. Therefore, the Central Bank of Mexico announces a lift of the upper band of the exchange rate by 15%, an effective devaluation of the peso.

Added to timeline:

Tequila Crisis

Byj bausher
14 Apr 2022
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0
148

Date:

dec 20, 1994
Now
~ 30 years ago
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