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KM Financial Solutions | UPDATE 3-Mexico says oil income ‘completely’ covered by hedge, no direct budget impact
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UPDATE 3-Mexico says oil income ‘completely’ covered by hedge, no direct budget impact

09 Mar UPDATE 3-Mexico says oil income ‘completely’ covered by hedge, no direct budget impact

Posted at 16:36h in News by
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Mexico’s finance minister
said on Tuesday a $1.4 billion hedge program completely covered
2020 national oil income following a steep drop in crude prices,
meaning it will not directly affect the government’s budget.

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