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Mexican Government Announces Anti-inflation Measures: Peso & Prices Frozen In March, 3% Wage Increase

LADB Article ID: 075286
Category/Department: General
Date: Tuesday, March 1, 1988
By: John Neagle

In another phase of an anti-inflation program introduced in December, the Mexican government announced Feb. 29 that it would freeze the peso-dollar exchange rate and government controlled prices during March, and raise wages only 3% for the mont...

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