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Yucatan Times on December 11, 2020
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“IT IS NOT ONLY SERIOUS, IT IS VERY SERIOUS”; Specialists respond to the change of law.
MEXICO CITY (El Universal) – The Senate’s plenary session approved the reform to the Bank of Mexico’s Law regarding the collection of foreign currency in cash.
With this, the central bank will be forced to absorb cash dollars from the financial system that circulate from tourist activities, remittances, and the surplus of the banks that repatriate their correspondents abroad, as well as others whose origin could be of illegal origin, explained Gabriela Siller, director of Economic and Financial Analysis of Banco BASE in a report.