Mexico
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.
IMF members approve voting reform plan
The 184-nation International Monetary Fund on Monday 18 September approved reforms to increase the voting shares of emerging economies, the German finance minister was quoted by Associated Press as saying.
IMF boost for developing countries
China, South Korea, Turkey and Mexico seem set to win increases in their IMF quotas at the expense of some European countries.
Interest rates round-up
A brief round-up of recent interest rate decisions in central banks in emerging markets.
Foreign buyers bring a host of challenges
According to this recent article by Bank of Mexico governor Guillermo Ortiz, published in The Banker magazine, the purchase of developing country banks by global banks can be mutually beneficial.
Dodge on policies for today's global economy
In the speech 'The right policies for today's global economy' given on 19 July David Dodge of the Bank of Canada said the IMF must adjust its quota system with ``urgency'' to give China and other countries more say and help resolve global imbalances.
Mexico's foreign reserves at record level
Mexico's foreign reserves climbed US$358 million (euro281 million) last week to a record US$79.10 billion (euro62 billion), the Bank of Mexico reported Tuesday 11 July.
Dallas Fed study says Mexico financially sound
A study by the Federal Reserve Bank of Dallas has found that Mexico is in sound financial shape and should maintain economic stability through its upcoming presidential election.
IMF managing director to travel to Mexico
Rodrigo de Rato, Managing Director of the International Monetary Fund, will travel to Mexico, March 22-25, to participate in a meeting of the Capital Markets Consultative Group (CMCG) in Mexico City.
Bank of Mexico - Annual Report 2004
According to the Bank of Mexico's Annual Report 2004, Mexico benefited from the continued recovery of the world economy, which recorded its highest rate of growth since the mid-seventies.
Mexican reserves will protect in election campaign
Mexico's large currency reserves offer protection against the risk that the peso could be destabilised during the country's presidential campaign, a regional Fed president said Friday.
Venezuela sees reserves up by 25 percent
Venezuela closed the 2005 fiscal year with foreign reserves above US$ 30.3 billion, the third highest in Latin America, according to a report authored by Aristimuo Herrera & Asociados.
Fitch raises Mexico debt rating
Mexico's debt rating was raised one level by Fitch Ratings as the country reduces foreign debt and inflation decelerates, Fitch said in a statement.
Mexico's Ortiz targets inflation, spurs growth
While the Federal Reserve has been busy raising interest rates, the Bank of Mexico has headed in the other direction, cutting its key rate on 24 Nov for the fourth consecutive month, this article published Wednesday notes.
OECD names Mexican as secretary-general
The OECD named Mexican former Foreign Minister Angel Gurria as its next secretary-general on Friday 25 November, after he received backing from a majority of the organization's 30 member countries.
BIS's Knight on central bank independence
In the speech 'Central bank independence - what role does it play in shaping Mexico's economy?' given on 15 November Malcolm Knight of the BIS said discusses the role of the Banco de Mexico's legal and governance arrangements in Mexico's post-crisis…
Greenspan praises labor flexibility
In a speech prepared for the Bank of Mexico's 80th Anniversary International Conference in Mexico City, departing US Federal Reserve president Alan Greenspan argued that policymakers can promote economic stability by enabling a flexible economic…
Jordan's interest rates on the move
The Central Bank of Jordan (CBJ) governor, Umayya Touqan, announced on Sunday 6 November that interest rates on repurchase agreements for a week would be raised by 25 basis points.
Banco de Mexico goes live with new software
OpenLink, a provider of trading and risk management software solutions, announced on Friday 30 September that Banco de Mexico, the second largest central bank in the Americas, has gone live with OpenLink's latest front-through-back- office, fully…
Mexico's financial regulator needs more autonomy
According to this article published on Monday 19 September, despite impressive progress more must be done if Mexico is to have a credible set of enforceable rules that assure economic stability.
Bank of Mexico holds interest rates steady
Mexico's central bank held monetary policy steady on Friday 12 August saying after its twice-monthly policy meeting it was keeping its money market "short" steady at 79 million pesos a day.
Mexico's Ortiz confirms break with Fed rates
The monetary policy of the Bank of Mexico has been decoupled from the Federal Reserve's interest rates, central bank governor Guillermo Ortiz Martinez said.