Mexico central bank sells $400 mln to support peso

Wed Oct 22, 2008 10:46am EDT
 
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MEXICO CITY, Oct 22 (Reuters) - Mexico's central bank said on Wednesday it sold $400 million at a weighted average price of 13.4355 pesos per dollar to support the peso.

The sale was part of a previously announced program where the bank offers to sell $400 million a day at 2 percent above the previous day's fix. (Editing by James Dalgleish)

 
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