12.02.2009 - Mexico's foreign reserves fall by $1.5 billion
From Svherald.com: Mexico's federal reserves fell $1.5 billion in the past week due to central bank intervention to stop the fall of the battered peso, the bank said. The bank sold $1.06 billion directly to banks over a three-day period last week to boost the peso after it dropped to a record low of 14.6 on Feb. 3. It spent another $400 million auctioning off reserves, and $86 million on other, unspecified actions. Federal reserves now stand at $82 billion, the bank said..... Full Article: Source