China is the Administration of Foreign Exchange.

Specifically, Mexico's foreign exchange management agency is the Mexican Monetary Authority.

This is a name translated from American journals.

Mexico has also formulated many exchange rate systems for the balance of payments. take for example

The development of Mexico's foreign exchange market is closely related to the evolution of its exchange rate system. From 1970 to 1983, in order to control the worsening foreign exchange income, the Mexican government chose the "crawling peg" system and implemented strict foreign exchange control. During the period from 1982 debt crisis to 1994 financial crisis, in order to keep the inflation level low, the Mexican government continued to adhere to the exchange rate system of "pegging the US dollar", at the same time, it quickly promoted economic and trade liberalization, opened up capital projects, and attracted a large number of foreign capital inflows: 1983+0992, Mexico. 1992 1994, Mexico implements the system of "interval management floating", but the floating range is extremely narrow. The rigid "pegged" exchange rate system has led to the long-term overvaluation of the peso and a huge deficit in Mexico's current account. From 65438 to 0994, the Federal Reserve kept raising interest rates, and at the same time, political turmoil occurred in Mexico. Changes in the situation at home and abroad have led to a large number of foreign capital fleeing from Mexico, and the pressure of peso depreciation is enormous. Mexico's central bank used up its foreign exchange reserves to intervene, but it was still ineffective. Finally, the devaluation of the peso had to be announced, which triggered a serious financial crisis. From 65438 to 0995, Mexico was forced to implement a free floating exchange rate system, which greatly enhanced the fluctuation of peso exchange rate and created conditions for the development of Mexican foreign exchange market and its derivatives.