Mexico
Mexico holds rates at 7.5%
The Bank of Mexico kept its benchmark one-day interbank rate at 7.5% for the sixth-straight month despite expectations that the US slowdown would impact Mexican growth.
Mexico holds rates at 7.5%
The Bank of Mexico's rate-setting board voted on Friday to keep rates at 7.5%.
Mexico holds rates at 7.5%
The Bank of Mexico's rate-setting board voted on Friday to hold its benchmark rate at 7.5%.
Colombia will benefit from free trade with US
Juan Mauricio Ramirez, a vice president of the Private Council of Competitiveness and a former head of the inflation and macroeconomic programming department at the Banco de la Republica, takes issue with Joseph Stiglitz's views on the proposed Free…
Mexico unexpectedly hikes rates to 7.5%
The Bank of Mexico decided on Friday to raise its benchmark rate by 25 basis points.
Bank of Mexico - Annual Report 2006
The Mexican economy grew by 4.8% in 2006, its highest rate of expansion since 2000.
World Bank to invest $5 billion in bonds for poor
The World Bank will set up a $5 billion fund to invest in bonds denominated in currencies of poor nations.
Mexico holds rates at 7.25%
The Bank of Mexico on Friday voted to keep its benchmark overnight lending rate at 7.25%.
Bank of Mexico chief pans welfare programmes
Guillermo Ortiz, governor of the Bank of Mexico, called for a reform of the country's labour laws and said that welfare programmes encouraged the poor not to take regular jobs.
Mexico ends dollar sales for three months
Mexico's central bank, Banco de Mexico, announced today that it will not sell dollars in the third quarter of 2007.
New Mexican deputy governor confirmed
Roberto del Cuerto has been approved by the Mexican congress to become one of the central bank's four deputy governors. He will fill a position on the bank's monetary policy board which has been vacant for some months.
Bank of Mexico keeps interest rate on hold
The Bank of Mexico, the country's central bank, held its overnight lending rate at 7.25% on 22 June, after a larger than expected fall in consumer prices in May.
Del Cueto nominated as Mexican deputy governor
The Mexican president, Felipe Calderon, has proposed Roberto del Cueto as the deputy governor of the country's central bank for a seven-year term on 20 June.
IMF says Bank of Mexico acted too fast
Mexico's Finance Minister Agustin Carstens said Monday 30 April that the central bank may have moved too fast in raising interest rates last week amid slowing economic growth.
Mexico's Senate rejects central bank nominee
The Mexican Senate rejected President Felipe Calderon's nominee for deputy governor of the Bank of Mexico on Thursday 8 March.
Bank of Mexico nominee may lose vote
Mexican president Felipe Calderon's nominee to fill a vacant seat on the central bank board will be rejected by the Senate on Friday 9 March, according to a senator quoted by Bloomberg.
Carlos Hurtado named to Mexico central bank board
Mexican president Felipe Calderon nominated Carlos Hurtado, a former deputy finance minister in charge of spending, to the central bank board, Bloomberg reported Tuesday 13 February.
Mexican central banker sees no need for rate hike
A vice-governor of Mexico's central bank wrote in an article Monday 12 February Mexican food price hikes have not pushed up inflation expectations enough to merit an interest rate hike.
Mexico holds rates despite inflation spike
On 24 November, the Bank of Mexico held its benchmark lending rate at 7%, as expected, for a seventh straight month. The central bank also indicated that the recent increase in inflation would be temporary.
Mexico's Ortiz on emerging economies
In the speech 'The participation of international banks in emerging economies' given on 5 October Guillermo Ortiz of the Bank of Mexico said there seems to be ample agreement about the benefits of globalization as well as the challenges that this new…
IMF's Carstens steps down for Mexican post
Agustin Carstens, deputy managing director of the International Monetary Fund announced Monday 16 October his intention to leave the Fund with immediate effect to accept an appointment in Mexico President-elect Felipe Calderon's transition team.
Mexico's Ortiz sees inflation pressures easing
Mexican central bank governor Guillermo Ortiz has forecast that inflationary pressures in Mexico will remain high for the next two months but ease by the end of the year.
Mexico's Ortiz says economy in good shape
Guillermo Ortiz, the governor of the Bank of Mexico, said on Thursday 5 October that Mexico's economy is better prepared than in the past to weather any U.S. slowdown as a growing number of consumers have access to credit.
Bank of Mexico - Annual Report 2005
According to the Bank of Mexico's Annual Report 2005, economic growth was unbalanced among the economic sectors in 2005.