Senior Mexican lawmaker hints at review of divisive cenbank law ...Middle East

A senior lawmaker in Mexico's leftist ruling party on Sunday suggested that Congress might review a controversial bill that has infuriated the central bank, which regards it as a danger to the financial system and a threat to its independence. In a video address, Ricardo Monreal, Senate leader of the National Regeneration Movement (MORENA), acknowledged that the law he pushed that would make the Bank of Mexico (Banxico) buy up foreign cash which banks cannot repatriate, had caused alarm.

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