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Mexico | Oil trade balance will remain negative, but its lowest point has been left behind

Published on Monday, October 17, 2016 | Updated on Tuesday, October 18, 2016

Mexico | Oil trade balance will remain negative, but its lowest point has been left behind

The economic authorities have cut programmable public spending, and plan to continue doing so, and have also increased the monetary policy rate as measures to counteract the effects of lower oil revenues and the consequently increased current account deficit

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