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Banxico Holds Rate at 6.5%, Shifts Guidance
Banxico held at 6.50% and removed guidance tying policy to Fed moves. Berber: the bank "will not be bullied into hiking."
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About Bank of Mexico
The Bank of Mexico, abbreviated BdeM or Banxico, is Mexico's central bank, monetary authority and lender of last resort. The Bank of Mexico is autonomous in exercising its functions, and its main objective is to achieve stability in the purchasing power of the national currency.
Everything about Bank of Mexico →- Country
- Mexico
- Headquarters
- Mexico City
- Inception
- August 25, 1925
- Website
- http://www.banxico.org.mx/