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The Mexican peso has completed a year as a CLS-eligible currency. During June 2009, the peak month to date, the average daily volume of instructions settled in Mexican pesos was 2,468 with a US dollar equivalent value of $15 billion, compared with 1,389 worth $17 billion in June 2008 – volume growth of more than 77%.
The inclusion of the peso in CLS is recognition of the standing of the Mexican economy as well as the stability and efficiency of the country’s banking and payment systems.
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