The Bank of Mexico, also known as Banxico, made a major decision on Thursday by cutting its interest rate by 50 basis points, bringing it down to 9.00%. This was a unanimous decision made by the ...

The USD/MXN uptrend stays alive, yet the exotic pair fell briefly below 20.00, near the 200-day Simple Moving Average (SMA) ...

The figure is approaching Banxico’s target of 3% (with a tolerance range of ±1%). “Our work is not done,” Rodriguez stated, ...

On Monday, Citi revealed its latest Mexico Expectations Survey, in which private economists projected that the economy would ...

Banxico, as the central bank is known, will lower borrowing costs 50 basis points to 9%, according to 29 of 30 economists surveyed by Bloomberg. One analyst sees the bank holding the key rate at 9 ...

Mexico's annual headline inflation rate increased for a second straight month in March, but remains within the Bank of Mexico ...

Mexico’s annual inflation accelerated roughly in line with estimates in March, clearing the way for more interest rate cuts ...

Mexico’s inflation slowed more than expected in the first half of March, as the central bank is set to meet this week to consider a sixth straight rate cut and likely a second straight half ...

For the auto industry, that percentage rises to 82% to 87%. Banxico, as the central bank is known, brought its key interest rate down to 9.5% in February, delivering a half-point cut despite the ...

The Bank of Mexico will likely cut its benchmark interest rate by 50 basis points at its meeting on March 27, taking it to 9%, according to a Reuters poll on Friday, amid slowing inflation and a weak ...

Banxico, as the central bank is known, will lower borrowing costs 50 basis points to 9%, according to 29 of 30 economists surveyed by Bloomberg. One analyst sees the bank holding the key rate at 9.50% ...

Mexico’s central bank, known as Banxico, is expected to cut borrowing costs by 50 basis points to 9% on Thursday. Governor Victoria Rodriguez had suggested the bank would be open to additional cuts of ...