Word: delalic
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Dates: during 1985-1985
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...slid to an all-time low last week of 372 to the U.S. dollar). Yet now, on top of such belt tightening, Mexico City and four coastal states need major reconstruction programs that will consume already tight reserves of capital. "It is a tremendous psychological blow," says M. Delal Baer, an expert on Mexico at Georgetown University's Center for Strategic and International Studies. "You begin to feel that the gods are conspiring against Mexico...
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