Mexican central bank unveils $31 billion stimulus, cuts interest rates
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MEXICO CITY (Reuters) - Mexico's central bank unveiled around $31 billion (25 billion pounds) in support for the financial system and cut borrowing costs on Tuesday in the country's most decisive move yet to help the economy weather the coronavirus pandemic.The Bank of Mexico said it implemented the measures to "foster an orderly behaviour of financial markets, strengthen the credit channels and provide liquidity for the sound development of the financial system."The moves, which included..