Citing slowing inflation and increasing slack in the economy, Mexico’s central bank approved by majority decision to lower the overnight interbank rate to 8.00%
On Friday, Standard & Poor’s changed the perspective of Mexico's grade, from stable to negative
The Bank of Mexico (Banxico) on Wednesday cut its economic growth forecasts for 2019 and 2020
BANXICO: direct outward investment rose to USD$5.11 billion between January and September
English13/11/2017
The challenges of stability
The presidential succession and the appointment of the new head of the Bank of Mexico are key decisions in the future of Mexico
The Governor of the Bank of Mexico assured that the “monetary policy has a delayed effect on inflation”
The peso fell 0.2 percent against the dollar in morning trading to 18.315, after hitting a monthly low of 17.962 on Wednesday after the move by the Bank of Mexico.
Mexico's central bank on Wednesday unexpectedly raised its benchmark interest rate by 50 basis points to 3.75 percent.
Remittances were up 4.75 percent from 2014 when they totaled US$23.6 billion. They had never before surpassed petroleum since the Bank of Mexico began tracking them in 1995.
"The bank of Mexico, at some point, has to send a signal that it is worried about the value of its currency," Central Bank Governor Agustín Carstens said.