Tag: Bank of Mexico

RIO DE JANEIRO, BRAZIL - The Bank of Mexico (Banxico) on Thursday (30) raised the annual interest rate to 4.75%, which represents the second consecutive 25 basis points increase of the target amid growing concerns about inflation. The central bank's...
RIO DE JANEIRO, BRAZIL - Mexico's central bank (Banxico) raised the economy's basic interest rate by 25 basis points, to 4.25% per year, in a decision announced on Thursday. Two members of the monetary policy committee voted to maintain...
RIO DE JANEIRO, BRAZIL - Mexico's President, Andrés Manuel López Obrador, announced on Wednesday that he would propose the current Secretary of Finance and Public Credit, Arturo Herrera, as the next governor of the Bank of Mexico. "A chance for...
RIO DE JANEIRO, BRAZIL - Prices in Mexico continue to rise. In March, inflation reached its highest level in more than two years, reaching 4.67%, according to data from the National Institute of Statistics and Geography (Inegi) published on...
RIO DE JANEIRO, BRAZIL - Bank of Mexico Deputy Governor Gerardo Esquivel told Bloomberg News on Friday, February 12th, that Mexico may have space for at least two more interest rate cuts in 2021 if inflation stays in line...
RIO DE JANEIRO, BRAZIL - The Mexican government begins this year with new and controversial legislative battles with businessmen regarding employment, renewable energy, autonomous entities and the Bank of Mexico (Banxico), all of which could disrupt its plan for...
RIO DE JANEIRO, BRAZIL - (Reuters) Mexico’s Central Bank said on Wednesday, December 2nd, that stress tests of the financial system reveal the Mexican banking system as a whole has the needed levels of capitalization to allow it to...

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