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Money-Laundering Crackdown Cuts Mexican Dollar Deposits 75% In Two Months

First Posted: 11/09/10 04:16 PM ET Updated: 05/25/11 07:10 PM ET

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Bloomberg:

Mexican companies reduced dollar cash deposits by 75 percent since President Felipe Calderon in September restricted some currency exchanges to fight money laundering by drug gangs, said Guillermo Babatz, president of the National Securities and Banking Commission.

Read the whole story: Bloomberg

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HUFFPOST SUPER USER
vippy
Carpe Diem!
1032 Fans
07:09 PM on 11/09/2010
LOL, watch out Citibank, you may go bankrupt now. 
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