Bank of Mexico (Banxico)
Mexico's Ortiz to replace Roth as BIS chair
Guillermo Ortiz, the governor of the Bank of Mexico, is to succeed Jean-Pierre Roth, the head of the Swiss National Bank, as the chairman of the Bank for International Settlements (BIS). He becomes the first governor from an emerging-market economy to…
Mexico's Ortiz: incentives must change
A change in the basic system of incentives is needed to foster the expansion of the Mexican economy, said Guillermo Ortiz, the governor of the Bank of Mexico.
Mexico hints at cut on signs of slowdown
The Bank of Mexico kept rates on hold for the third straight month on Friday, but signalled it could soon cut.
US inflation not persistent
A new paper from the Bank of Mexico finds that in the post-second world war period United States inflation has not proven persistent.
Mexico's Ortiz to sit on IMF reform committee
Guillermo Ortiz, the governor of the Bank of Mexico, will be the only central bank representative on the International Monetary Fund's governance reform committee.
Mexico hikes again, but further moves unlikely
The Bank of Mexico raised rates for the third straight month on Friday but signalled that it would hold in the coming months in signs of a slump.
Mexican growth suffers as remittances slide
The Bank of Mexico has cut its growth estimate for this year on evidence that remittance payments from US-based migrant workers are falling.
Mexico shocks markets with rate rise
The Bank of Mexico opted to unexpectedly raise rates a quarter point and revise its projections for inflation upwards.
Mexico holds rates despite inflation spike
On 24 November, the Bank of Mexico held its benchmark lending rate at 7%, as expected, for a seventh straight month. The central bank also indicated that the recent increase in inflation would be temporary.
Greenspan praises labor flexibility
In a speech prepared for the Bank of Mexico's 80th Anniversary International Conference in Mexico City, departing US Federal Reserve president Alan Greenspan argued that policymakers can promote economic stability by enabling a flexible economic…
Mexico on an upswing
Mexico’s inflation has come down and the economy has recovered sharply, but can the central bank keep up the good work? Benedict Mander reports.
Mexico on track for 3% inflation in 2003 - c bank
The governor of Mexico's central bank, Guillermo Ortiz, is reported by Reuters to have said that the trend in inflation for the first two weeks of June suggests the country is going to be in the range of its targets for this year.
Banco de Mexico sues over loans
The central bank of Mexico announced on Monday 16 June that it had sued four of the country's largest banks to release information related to bad loans during the mid-1990s peso crisis, according to Reuters.
Bank of Mexico - Annual Report 2001
The Bank of Mexico has published its Annual Report for the year ended 2001.
Mexico to auction $32 m per day in reserves
The Bank of Mexico intends to sell part of its reserves each day for the next three months in a move designed to stem the growth of its international reserves, according to a report by Reuters.
Bank of Mexico in paintings mix up with government
CentralBankNet hears of an unfortunate mix up involving valuable paintings, the Bank of Mexico and an apparent infringement of copyright on the central banks fine art collection.
Mexico keeps its inflation target at 3 per cent
The Bank of Mexico on Wednesday played down the prospects of direct intervention in the foreign exchange markets to support the peso, as it unveiled a monetary policy for this year that maintains its target of 3 per cent inflation for the year.
Central banks on the web: why are we there?
Central banks must go beyond the minimum of data provision if they are to build an image and address the growing demands of their diverse audience, argues Brent Eades of the Bank of Canada.
Mexico shows signs of end to recession
MEXICO - The Bank of Mexico on Tuesday raised its forecast for the country's gross domestic product growth this year to 1.8 per cent from 1.5 per cent, apparently confirming predictions that the economy is starting to follow the US out of recession.
Mexico - No rift with ctrl bk over power rate hike
MEXICO - There is "no rift at all" between the Mexican finance ministry and the central bank, following the government's decision to raise electricity prices, a move that Bank of Mexico Governor Guillermo Ortiz has dubbed inflationary, Finance Minister…