Bank of Mexico (Banxico)
Bank of Mexico cuts rates in emergency meeting
Central bank unveils set of measures to boost liquidity amounting to $30.5 billion, 3.3% of GDP
Bank of Mexico rejects president’s request for early funds transfer
Central bank issues rare statement saying it must respect legal procedure for transferring funds
Bank of Mexico lacks scope to counter Covid-19 – minutes
Officials highlight limited scope to lower rates below 6.5% without stoking inflation
Amplifying the soundwaves: the evolution of social media communications
Central banks’ social media usage is on the rise, but their choice of platform is shifting more and more towards the visual
Bank of Mexico cuts rates 50bp in emergency meeting
Analysts expect further cuts as the economy is expected to enter a sharp recession
Fed action likely to affect policy plans in Brazil and Mexico
In spite of weaker currencies, both countries may require lower rates to tackle weaker growth and higher rate differentials
Bank of Mexico cuts growth outlook on virus fears
Central bank says future growth is highly uncertain after Mexican economy contracted in 2019
Bank of Mexico eases again to combat ‘stagnant’ economy
Central bank makes first rate cut since moving to new communications regime
Bank of Mexico revamps policy communication
Board members allowed to express individual opinions and voting included in policy statements
Central Banking Awards 2020: the winners
All the winners in the 2020 Central Banking Awards
Central Banking Awards 2020: third group launched
Awards unveiled for currency manager, initiative, economics, currency services, advisory and data
Currency manager: Bank of Mexico
Central bank invested in new printing plant to address capacity and concentration risks
Bank of Mexico cuts again as growth remains sluggish
Board says economic weakness is likely to persist
IMF approves new credit line for Mexico as fiscal outlook darkens
Central bank’s success in reducing inflation may be compromised by fiscal weakness
Mexican governor defends autonomy as president questions it
Alejandro Díaz de León commemorates Bank of Mexico’s 25 years of independence
Bank of Mexico implements third rate cut of easing cycle
Divided board decides to lower key rate by 25bp to 7.5%; two board members voted for a 50bp cut
IMF praises Bank of Mexico for not intervening in forex market
Peso strengthens against regional peers following lack of intervention from central bank
Stronger micro-prudential oversight needed on climate change – Mexican deputy
Financial firms should incorporate environmental scenario analysis into their decision-making process
Inflation in Mexico falls to target for first time since 2016
Minutes say officials acknowledge price increases are falling faster than previously anticipated
Bank of Mexico launches mobile payments platform
CoDi offers instant payments between individuals and companies, and aims to promote competition and financial inclusion
Bank of Mexico makes further rate cut
In August, the central bank made it first rate cut for five years
Bank of Mexico’s board disagreed on last rate cut – minutes
One board member opposed recent 25bp rate cut due to high inflation and uncertain fiscal outlook
Latin America’s escape from hyperinflation
Adoption of inflation targeting, flexible exchange rates and prudent fiscal policies in Brazil, Chile, Colombia, Mexico and Peru ended decades of runaway inflation
Mexico cuts rates for first time in five years
Economy has had weakest first-half growth in six years, Dallas Fed reports