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Tag: Banxico

Banxico: adjustments to key rates could be gradual, says its governor

Banxico: adjustments to key rates could be gradual, says its governor Banxico: adjustments to key rates could be gradual, says its governor

The governor of central bank of Mexico (Banxico)Victoria Rodríguez, considers that the downward adjustments in the rate key of the entity could be gradual and will depend on the behavior of the inflationaccording to an interview published on Monday in the newspaper El Financiero. Banxico decided last week to maintain its reference interest rate at […]

Deputy Governor of Banxico opens the door to key rate adjustment in the first quarter of 2024

Deputy Governor of Banxico opens the door to key rate adjustment in the first quarter of 2024 Deputy Governor of Banxico opens the door to key rate adjustment in the first quarter of 2024

The deputy governor of mexican central bankBanxico, Jonathan Heath said on Monday that if inflation continues to decline in the country, especially core inflation, there could be an adjustment to the key interest rate for February or March. The central bank has said several times in recent months that to achieve the orderly and sustained […]

Banco de México maintains the interest rate unchanged at 11.25% for the fifth time

Banco de México maintains the interest rate unchanged at 11.25% for the fifth time Banco de México maintains the interest rate unchanged at 11.25% for the fifth time

He Bank of Mexico (Banxico) remained unchanged this Thursday, for the fifth consecutive time, the interest rate at 11.25%, the highest level in its history, announcing that it will still have to keep it that way “for a certain time”. In its announcement, which was within market expectations, the central bank “recognized that the disinflationary […]

‘Nearshoring’ already benefits 3 out of 10 Mexican companies, according to Banxico

‘Nearshoring’ already benefits 3 out of 10 Mexican companies, according to Banxico ‘Nearshoring’ already benefits 3 out of 10 Mexican companies, according to Banxico

The relocation of strings o’nearshoring‘ “it’s happening” and it already benefits three out of 10 mexican companies with an increase in its production in the first quarter of 2023, the Bank of Mexico (Banxico) estimated this Thursday. “Regarding impacts that have already materialized, 30.7% of the companies mention having signed new contracts with foreign companies […]

The Mexican Treasury sees the sale of Banamex close and benefits to the banking sector

The Mexican Treasury sees the sale of Banamex close and benefits to the banking sector The Mexican Treasury sees the sale of Banamex close and benefits to the banking sector

The purchase of Mexican National Bank (Banamex) is nearing the end and will benefit the banking sector with a possible greater competition, said this Thursday the Undersecretary of Finance and Public Credit, Gabriel Yorio. The Mexican official maintained that the negotiation between the American Citigroup and Grupo México of magnate Germán Larrea, the second richest […]

The Bank of Mexico maintains the interest rate at 11.25% and breaks its streak of increases

The Bank of Mexico maintains the interest rate at 11.25% and breaks its streak of increases The Bank of Mexico maintains the interest rate at 11.25% and breaks its streak of increases

The Bank of Mexico (Banxico) this Thursday kept the interest rate unchanged at 11.25%the highest level in its history, in a decision that broke with fifteen consecutive increases given the high levels of inflation. In its announcement, the central bank “He considered that a phase of disinflation has been entered due to the fact that […]

Price of the dollar today in Mexico: what is the exchange rate at this Wednesday, March 15?

Price of the dollar today in Mexico: what is the exchange rate at this Wednesday, March 15? Price of the dollar today in Mexico: what is the exchange rate at this Wednesday, March 15?

He Mexican peso opened higher, after recording its biggest daily loss since June 2022 due to nervousness about the financial health of the banking sector USA. The exchange rate is listed at 18.6559 pesos per dollar, with a growth compared to Tuesday’s closing of 18,599, according to data from the Bloomberg agency. After the Latin […]

Price of the dollar today in Mexico: how much is the exchange rate trading this Monday, March 13?

Price of the dollar today in Mexico: how much is the exchange rate trading this Monday, March 13? Price of the dollar today in Mexico: how much is the exchange rate trading this Monday, March 13?

He Mexican peso opened in red, after the fed confirmed in a statement that depositors, insured and uninsured, will have access to their money starting today. The exchange rate is listed at 18.2873 pesos per dollar, with a drop compared to Friday’s close, according to data from the Bloomberg agency. dollar globally The Federal Reserve […]

Price of the dollar today in Mexico: what is the exchange rate at this Friday, March 10?

Price of the dollar today in Mexico: what is the exchange rate at this Friday, March 10? Price of the dollar today in Mexico: what is the exchange rate at this Friday, March 10?

He Mexican peso operates in the early hours of Friday after a labor data in USAwhich partially cooled comments from the president of the fed of the last two days about the future of the monetary politics. The exchange rate is listed at 18.3456 pesos per dollar, with an upward variation compared to Thursday, according […]

Price of the dollar today in Mexico: what is the exchange rate at this Thursday, March 9?

Price of the dollar today in Mexico: what is the exchange rate at this Thursday, March 9? Price of the dollar today in Mexico: what is the exchange rate at this Thursday, March 9?

He Mexican peso trades in the early hours of Thursday to the downside in response to the expectation of investor analysis due to recent comments by the president of the Federal Reserve; as well as the job offer that fell in February above what was forecast by economists. The exchange rate is listed at 17,970 […]