MEXICO CITY: Mexico’s foreign reserves fell by $732 million to $180.3 billion last week, the Bank of Mexico said.
Gold and foreign currency reserves fell in the week ending Oct. 2 mainly due to the daily auctions of dollars without a minimum bid, the central bank said.
Foreign reserves have fallen by $12.93 billion since the end of 2014, the Bank of Mexico said in a statement.
The M1 money supply, which includes currency, coins and demand deposits, rose by 12.6 billion pesos (about $753.4 million) to 1.07 trillion pesos (some $63.91 billion) last week, the central bank said.
The money supply has increased by 16.43 billion pesos ($981 million) since Jan. 1.
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