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flag Mexico's central bank, Banxico, acknowledges market turmoil affecting the peso and has tools to restore order if necessary.

flag Mexico's central bank, Banxico, has acknowledged the market turmoil affecting the peso and stated it has tools available to restore market order if needed. flag Governor Victoria Rodriguez said the volatility is mostly due to external factors and that policymakers are not trying to defend a specific level for the currency. flag Banxico could intervene if the peso exhibits "atypical behavior or extreme volatility."

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