Mexico
IMF renews Mexico’s Flexible Credit Line
Two-year programme reduces funds from about $61 billion to $50 billion
Bank of Mexico proceeds with gradual tightening process
Central bank increases interest rate by 25 basis points to 5% on higher inflation
BIS board reappoints Carstens as general manager
Luiz Pereira da Silva gets new term as deputy, and Stefan Ingves becomes vice-chair
Bank of Mexico creates environmental and social risk department
Central bank’s attitude to environmental risk might put it at odds with government, says commentator
Permanent or transitory? Officials wrestle with inflation uncertainty
Bailey warns of possible damage to credibility, but Carstens urges caution amid high uncertainty
Mexican inflation rising rapidly, warns deputy governor
Heath says prices increasing at “really phenomenal” rate but expects full pandemic recovery by 2023
Bank of Mexico makes third consecutive rate raise
Board says inflation risks are tilted to upside and raises fourth-quarter inflation forecast
Agustín Carstens on BIS strategic priorities, innovation and central bank policy
The BIS general manager speaks about policy trade-offs at critical time, tackling NBFIs and the dearth of ‘green’ assets, tech collaboration, and why he favours Biden’s $3.5trn infrastructure bill
Policy-maker votes largely kept secret
Most central banks do not reveal how individual monetary policy-makers vote
Mexican president demands IMF assets from central bank
Governor rejects proposal and former presidential ally says it would be legally impossible
Bank of Mexico continues tightening with split vote
Governor stresses central bank needs to be cautious as inflation rises above target
Bank of Mexico increases monetary policy transparency
Central bank to start disclosing individual votes of board members after policy meetings
Diaz de León warns of trouble for emerging markets
Mexican governor appears to criticise policies of country’s president
Mountfield to become World Bank vice-president, sources say
More people news: Atlanta Fed names senior VP, and Fed’s first supervision head goes to US Treasury
Mexico reminds banks crypto transactions are illegal
After El Salvador bitcoin law, authorities state virtual assets ‘not legal tender in Mexico’
Mexican central bank raises rates for first time since 2018
Governing board votes three to two for hike, citing above-target inflation and upside risks
Mexican president names finance minister to head central bank
López Obrador nominates long-term ally after frequent clashes with current governor
Central bank profits under pressure
The structure of a central bank’s portfolio and its relationship with shareholders can affect shock-absorbing capital and the amount of profit distributed
Are we entering the polymer age?
CCL Secure explores the security and anti-counterfeit benefits of polymer banknote technology. As this developing technology reveals its advantages over traditional paper-based banknotes, could we soon see a shift in the status quo in polymer’s favour?
Mexican board members concerned by inflation, minutes show
Bank of Mexico board held rates at 4% in spite of 6.1% year-on-year inflation in April
Mexican president says he will not renew governor’s mandate
President questioned why central bank could not transfer executive 2020 operational profits
Mexican president resumes attacks on central bank
AMLO calls on Banxico to disclose how reserves are handled and how much money its managers make
Bank of Mexico holds rates despite above-target inflation
Central bank keeps policy rate at 4% as inflation rose year on year by 6.1% in April
Bank of Mexico has no dividend for government
Mexican president had asked for advance from central bank last year