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The Mexican peso financing of US$108 million equivalent for the Decentralized Infrastructure Reform and Development Project was the first IBRD loan conversion into local currency. The transaction eliminated currency risk
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Document Date: 2015-05-11 14:47:11
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File Size: 312,18 KB
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Company
Foreign Currency Management /
Banking /
/
Country
Mexico /
/
Currency
USD /
/
/
IndustryTerm
development bank /
financial products /
/
Organization
Government of Mexico /
Ministry of Finance /
sub-national government /
World Bank /
federal government /
/
Person
Curt Carnemark /
Miguel Navarro-Martin /
/
/
Position
Head /
Head of Products /
/
SocialTag
Currency risk
Economics
Financial market
Argentine peso
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