The IMF made pegging Mexican peso to the dollar, a condition for lending money to the Mexican government in the 1980s.

Name: The IMF made pegging Mexican peso to the dollar, a condition for lending money to the Mexican government in the 1980s.
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This statement is true. The IMF required Mexico to peg its peso to the US dollar in order to receive financial assistance in the 1980s. This policy, along with other economic reforms, became known as the "Washington Consensus."

The IMF Made Pegging Mexican Peso to the Dollar, a Condition