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Banxico, central bank, Banco de México. The main objective of Banco de México is to maintain a low and stable inflation. Indicators.
Artículo 2. El Banco de México tendrá por finalidad proveer a la economía del país de moneda nacional. En la consecución de esta finalidad tendrá como objetivo prioritario procurar la estabilidad del poder adquisitivo de dicha moneda. Serán también finalidades del Banco promover el sano desarrollo del sistema financiero y propiciar el ...
The Bank of Mexico (Spanish: Banco de México), abbreviated BdeM or Banxico, is Mexico's central bank, monetary authority and lender of last resort. The Bank of Mexico is autonomous in exercising its functions, and its main objective is to achieve stability in the purchasing power of the national currency.
If you’re headed to Mexico for a long-term trip and you want to open a bank account, the process will be simplest if you choose a bank that operates on both sides of the border. We list Mexican banks that operate in the U.S. and the options for American banks in Mexico.
The Bank of Mexico, as expected, cut its benchmark interest rate by 25 basis points to 11.00% on Thursday, in a four-to-one decision by its governing board, marking the first rate reduction since...
This section includes indicators and data on operations most frequently used by exchange rate analysts. Mexican Foreign Exchange Committee. • Comunicados (Available only in Spanish) • Exchange rate regimes in Mexico since 1954.
The Bank of Mexico is monitoring recent volatility in domestic financial markets, including foreign exchange markets, and could act to restore order in the event of "atypical" or "extreme"...
Mexico's central bank on Wednesday signaled it would hold the benchmark interest rate at its current all-time high for an extended period of time to bring inflation down to its target range.
Mexico’s central bank cut its benchmark interest rate by 25 basis points on Thursday, as policymakers warned of downside risks to growth during global volatility that has hit the peso. The...
In Mexico, interest rate decisions are taken by the Bank of Mexico (Banco de México). Starting January of 2008, Banco de México has adopted as an operating target the overnight interbank rate (tasa de fondeo bancario) instead of the level of commercial banks’ current account balances at the central bank (corto).