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In 1884, the Banco Nacional Mexicano soon merged with Banco Mercantil Mexicano (Mexican Mercantile Bank) to form the Banco Nacional de México (National Bank of Mexico) which issued notes and was the primary lender to the government. The same year government issued a commercial code that gave it control of the banking sector, including the ...
TIIE (Spanish: Tasa de interés interbancaria de equilibrio, English Interbank Equilibrium Interest Rate) is a reference rate for the currency Mexican peso. The TIIE is a representative rate of credit operations between banks and is calculated by the Bank of Mexico .
Mexico's current governor is Rogelio Eduardo Ramirez de la O with Victoria Rodriguez Ceja serving as an alternative. [2] As of 2022, Mexico holds 90,586 votes totaling 1.80% of total voting shares in the IMF. Mexico has the second greatest number of votes in Latin America. [3]
The INPC, which stands for Indice Nacional de Precios al Consumidor (Consumer Price Index in English), is calculated and published every two weeks or on a monthly basis by the National Institute on Statistics and Geography (INEGI). Until July 15, 2011, the INPC was published by Banco de México, the Central Bank. [27]
26 April - Mexico transited to the endemic phase. 23 May - Celaya massacre; 5 June - 2022 Mexican local elections; 16 June - FIFA makes its final selection for the sixteen venues to host matches during the 2026 World Cup, and three Mexican venus are selected: Estadio Azteca in Mexico City, Estadio BBVA in Monterrey, and Estadio Akron in ...
The economy of Mexico is a developing mixed-market economy. [21] It is the 13th largest in the world in nominal GDP terms and by purchasing power parity as of 2024. [4] Since the 1994 crisis, administrations have improved the country's macroeconomic fundamentals.
Orders surged from 2020 into 2022. With each monthly report on orders was the expectation that a lot of equipment would be shipped and put to work in the near future. In other words, today’s ...
The Banco Nacional de Comercio Exterior (English: National Exterior Commerce Bank) or "Bancomext" is a Mexican state-owned bank and export credit agency created in 1937 to promote and finance small and medium exporting Mexican companies in international markets as well as providing Consulting services for small and medium companies wishing to export their goods and/or services.