| Mexico's Foreign Reserves Rise By $893 Million Hispanically Speaking News | |
| go to original December 26, 2013 |
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Mexico’s foreign reserves rose by $893 million last week to $176.55 billion, the Bank of Mexico said.
The rise in reserves was caused by a sale of dollars by state-owned oil giant Petroleos Mexicanos, or Pemex, to the central bank, with the transaction totaling $1 billion, monetary officials said in a statement.
Foreign reserves grew by $13.03 billion from Jan. 1 to Dec. 20, the central bank said.
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