Mexican Central Bank Lifts Bar To CME's Planned Peso Futures

- By FX Markets Staff
- @FXMarkets_
- 06 Mar 1995

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Mexico's central bank took major steps towards liberalising trading in the Mexican peso last week. Banco de Mexico lifted the 10-year-old restrictions that prevented trading in Mexican peso futures and options on the Chicago Mercantile Exchange (CME). Later officials from the Bolsa Mexicana de Valores said they would introduce a peso futures contract as early as April.

The CME listed a peso contract in May 1972, but was forced to withdraw it in November 1985 when the Banco de Mexico imposed

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