MEXICO CITY (AFP) – Mexico's central bank announced Friday that it would activate a credit swap with the US Federal Reserve in an auction of up to four billion dollars on April 21.
"The purpose of this credit is to provide financing to members of the private sector under pressure to obtain resources to meet dollar commitments," a statement said.
The Federal Reserve agreed last October to swap dollars for the local currencies of Brazil, Mexico, South Korea and Singapore to unfreeze money markets in emerging market countries.
Mexico to activate credit swap with US Federal Reserve (http://news.yahoo.com/s/afp/20090403/pl_afp/financeeconomymexico2nd - broken link)
As a Mexican citizen I say, THANK YOU USA 
Mexico this week also requested a new International Monetary Fund mechanism granting a 47-billion-dollar line of credit, to add to foreign reserves of almost 80 billion dollars
Mexico's request for an IMF Flexible Credit Line (FCL) during President Felipe Calderon's state visit to the United Kingdom, just before his participation in the G-20 Leaders' Summit in London Friday, came as a shock to markets. However, initial reaction has been relatively positive and this is likely to continue as concerns ease about potential balance of payments and budget difficulties next year.
IMF Aid Boosts Mexico's Credibility - Forbes.com
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