Strong settlement system essential: Mexico’s Carstens
Agustín Carstens, the governor of the Bank of Mexico, on 12 January said the securities settlement system in Mexico was essential to liquidity provision for other payment systems in the country.
At the Franz Edelman Prize Award in Mexico City, where an award was granted to Indeval, a Mexican central securities depository, for developing a new operating and settlement system, Carstens said: "One of our objectives as a central bank is to foster the smooth operation of the payment systems. The
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