Banxico_2903

Agustín Carstens, Governor of Bank of Mexico. Image via Banco de Mexico Market Expecting Further 25bps Rise On Thursday, traders will turn their attention to the Mexican central bank interest rate decision where the bank are widely expected to follow the Fed and hike rates by another 25bps. Banxico has been decisive in their monetary policy ...

2017-03-29 James Harte Read more
Mexican Peso

Banxico, the Mexican central bank, at its monetary policy meeting yesterday hiked the benchmark interest rates 50 basis points to 6.25% in a widely expected move. The decision to hike interest rates comes amid a modest recovery in the nation's currency which has been repeatedly battered against a stronger US dollar, largely on account of protect...

2017-02-10 John Benjamin Read more