Sep 16, 2014

Mexico says will scrap limits on business dollar cash deposits

Reuters: Mexican President Enrique Pena Nieto said on Friday he would scrap limits on companies making dollar deposits in cash that were imposed by the previous government.

"Now companies will not have restrictions in their banks to deposit dollars in cash, or carry out currency exchanges," Pena Nieto said during a speech in the northern border city of Reynosa.  Read more. 

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