The International Monetary Fund approved Mexico's request to reduce its flexible credit line, after mid-term review, to approximately $18 billion from its prior $24 billion, Mexico's Finance Ministry said on Thursday. The IMF's reduction implies a cut to 150% of Mexico's credit line quota from the previous 200%, the Mexican Exchange Commission, composed of the Finance Ministry and the central bank, said in a statement. • The IMF's executive board also completed a mid-term review of the arrangement and its Article IV consultation with Mexico