Mexico tightens monetary policy

- Central Banking staff
- 31 Mar 2003

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Mexico's central bank tightened monetary policy on Friday march 28. The bank does not change interest rates but uses a mechanism known as the "corto" which limits the amount of liquidity available to the market. The amount withheld from the markets now stands at 700m pesos.

Source: Financial Times

Mexico's central bank decided to tighten monetary policy for the fourth time in as many months on Friday, in a move it described as necessary to deal with the increased inflation expectations caused by

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