Mexico c bank keeps monetary policy unchanged

The Banco de Mexico maintained its current monetary policy stance at its meeting on Friday April 11.. The annual inflation rate at the end of March was 5.64 percent, exceeding the central bank's goal of 3.0 percent.

Source: Reuters

Mexico's central bank said it left monetary policy unchanged on Friday at its twice-monthly inflation-watch meeting.

Banco de Mexico kept its money market "short," which limits liquidity in the secondary money market, unchanged at 700 million pesos per day.

The "short"

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