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Currency risk / Economics / Financial market / Argentine peso / Swap


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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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 / /

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