Mexico City - Mexico's central bank sold 1.096 billion dollars of its foreign exchange reserves Thursday to boost the peso.

The Bank of Mexico sold 1 billion dollars as markets opened and the remainder later in the day.

The value of the dollar went as high as 14.30 pesos before the bank's intervention, although it closed at 13.79 pesos.

Mexico's central bank has sold more than 13 billion dollars since October 8, but the price of the dollar continues to rise. It was worth about 11.2 pesos on October 1.

Mexico City - The Bank of Mexico used an additional 1.5 billion dollars to prop up the Mexican peso on Thursday, following a sharp depreciation in recent days.

With the latest intervention, Mexico's central bank has sold more than 10.8 billion dollars since last week.

The dollar is now worth more than 13 pesos, while it was worth some 11.2 pesos on October 1.

Acapulco, Mexico - The future of Olympic football is still up in the air, pending a meeting between IOC President Jacques Rogge and FIFA President Joseph Blatter.

"We still have not discussed the issue with FIFA. We have not scheduled a meeting, but we will schedule one in the future," Rogge said in an interview with Deutsche Presse-Agentur dpa in the Mexican resort of Acapulco.

The presence of players aged over 23 in the Olympic football tournament is drawing the International Olympic Committee (IOC) apart from football's ruling body FIFA, whose head Blatter is in turn one of the 115 members of the IOC.

Mexico City - The category two hurricane Norbert lashed the west coast of Mexico Saturday, causing considerable damage along the Baja California peninsula.

The roofs of houses were blown off and electricity pylons ripped out in wind speeds of more than 200 kilometres per hour, the national weather service said.

Around 1,000 people have sought refuge in shelters as heavy rain flooded roads and houses.

Mexico City - The Bank of Mexico sold 6.4 billion dollars in the currency markets Friday, in an ongoing effort to prevent the local peso from depreciating too far, Mexico's central bank said.

On Wednesday, the Bank of Mexico sold 2.5 billion dollars, and promised to keep intervening in the currency markets with some 400 million dollars per day for as long as it took to protect the peso. However, their efforts have so far not had the desired effect, and the Mexican currency continued to slide.