Mexico
People: Egyptian president extends acting governor’s term
BCIE elects first woman president; Esquivel joins Sheinbaum team; and more
IMF renews Mexico’s flexible credit line
Two-year deal provides Mexico with $35 billion in case of crisis
Bank of Mexico keeps rates at 11.25%
In unanimous decision, board stresses rates are likely to remain unchanged ‘for some time’
Banxico's García on reserve risks: inflation, market volatility and war
Gerardo García, director general of central banking operations at Bank of Mexico, discusses fixed income, including US Treasury and mortgage-backed securities (MBS) dynamics, currency diversification, the value of external managers and his extensive use of derivatives, including USD/JPY basis trades.
Mexico implements emergency cash plan after hurricane
Banxico authorises banks to suspend minimum payments on credit cards
Remittances to Mexico reach record high, says Dallas Fed
Researchers say strong US construction sector fuels funds transfers
Mexican inflation slows slightly
Headline inflation remains over target, as analyst warns food and fuel prices could rise
Mexico and Guatemala continue to hold rates
Inflation is still falling, but Banxico expects rates will stay high for some time
Bank of Mexico holds rates
Board decides not to follow Chile and Brazil’s rate cuts despite falling inflation
Mexican MPC members determined to hold rates
All five governing board members agree it is necessary to avoid rate cuts to tame inflation
Bank of Mexico holds rates again
Board says rates will remain at current level “for an extended period”
Bank of Mexico to maintain tight policy, minutes say
Board says it will have to keep rates at 11.25% “for an extended period”
Currency round-up: India withdraws 2,000-rupee note
De La Rue replaces chair; Canada and Philippines win currency awards; and more
Bank of Mexico halts tightening cycle
Board says it will be necessary to keep rates unchanged “for an extended period”
Rates round-up: Mexico and Colombia slow tightening
Guatemala also tightens with 25bp hike; Chile and Dominican Republic continue pauses
Marks (and sizes and colours) of distinction
Many central banks make an effort to make cash accessible to blind and partially sighted users
Rates round-up: Mexico adds 50bp
Mexico delivers surprise; Peru pauses tightening cycle; mixed decisions in Europe
Mexican government nominates new Banxico board member
Previous member Esquivel played dovish role on rate-setting body
Mexico continues tightening with 50bp hike
Central bank shadows Fed as it confronts ambivalent inflation figures
People: October to December 2022
A round-up of central bankers in the news and on the move during the past three months
Carstens wins major Spanish economics prize
King of Spain award praises BIS president’s work in Mexico and globally
Last-minute moves shake up IDB race
Mexico replaces candidate, Argentina joins race
Bank of Mexico takes rates to 10%
Banxico board follows Fed again, but hints tightening cycle may slow down
Brazil set to nominate Goldfajn to lead regional bank
Competition to lead Inter-American Development Bank heating up