MEXICO CITY: Mexico plans “without a doubt” to protect the country against low crude prices for next year, deputy finance minister Vanessa Rubio said in an interview, in a continuation of what’s become the world’s largest commodities hedging programme.
The amount of Mexico’s export basket to be protected through market operations, versus through its stabilization fund, has yet to be determined, Rubio said in an interview on the sidelines of a banking conference in Acapulco.
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