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Peso Devaluation Contributes to Trade Surpluses in April, January-April

LADB Article ID: 56063
Category/Department: Mexico
Date: 1995-06-14
By: LADB Staff

According to the Finance Secretariat (SHCP), Mexico attained a trade surplus of US$1.34 billion in January-April, a sharp turnaround from a deficit of US$5.7 billion incurred during the same four-month period in 1994. The positive trade balance for January-April was the result of consecutive trade surpluses for the months of February, March, and April.

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