OS PINGOS NOS IS – 03/08/2022

Federal Reserve and The Treasury Department took major steps to support commercial paper markets. Many investors stayed away from purchasing commercial paper, which was a cause of economic slowdown, but central bank was creating a special facility to help the $1.7 trillion commercial paper market.

Mexico is one of the world’s largest recipients of international remittances. Today more and more migrant workers send money home to families in Mexico.