Economy of Mexico banks”, bonded warehouses, bonding companies and foreign-exchange firms. A wave of acquisitions has left Mexico's financial sector in foreign hands. Their foreign-run affiliates compete with independent financial firms operating as commercial banks, brokerage and securities houses, insurance companies, retirement-fund administrators, mutual funds, and leasing companies. Mexico has a single securities market, the Mexican Stock Exchange (Bolsa Mexicana de Valores, known as the Bolsa). The market has grown steadily, with its main indices increasing by more than 600% in the last decade. It is Latin America's second largest exchange, after Brazil's. The total value of the domestic market capitalization of the
Academia Mexicana de la Lengua Academia Mexicana de la Lengua The Academia Mexicana de la Lengua (variously translated as the Mexican Academy of Language, the Mexican Academy of the Language, the Mexican Academy of Letters, or glossed as the Mexican Academy of the Spanish Language; acronym AML) is the correspondent academy in Mexico of the Royal Spanish Academy. It was founded in Mexico City on 11 September 1875 and, like the other academies, has the principal function of working to ensure the purity of the Spanish language. Academy members have included many of the leading figures in Mexican letters, including philologists, grammarians, philosophers, novelists, poets,