Mexico: Banxico stays put in latest meeting

At its 6 December monetary policy meeting Mexico’s Central Bank (Banxico) decided to maintain the overnight target interest at 3.50%. The move, which was on par with market expectations, follows a 25-basis-point cut at the Bank’s previous meeting. The Central Bank has cut the overnight interest rate by a total of 100 basis points over the course of 2013.

Read more about Mexican Monetary Policy.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s