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Mexico central bank sells $200 mln after peso slumps
September 1, 2015 / 8:12 PM / 2 years ago

Mexico central bank sells $200 mln after peso slumps

MEXICO CITY, Sept 1 (Reuters) - Mexico’s central bank said on Tuesday it had sold $200 million of $200 million offered after a sharp drop in the peso triggered an auction.

The central bank sold dollars at a weighted average of 16.9602 pesos per dollar. The auction is triggered when the peso slumps more than 1 percent from the previous day’s fix rate. (Reporting by Michael O‘Boyle; Editing by Lisa Shumaker)

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