Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
Banco de Mexico: Monetary Policy Statement
Banco de México’s Governing Board decided to lower the target for the overnight interbank interest rate by 50 basis points to 6%. It also adopted additional measures to foster an orderly functioning of financial markets,…
Press Release by Banco De Mexico
Additional measures to foster an orderly functioning of financial markets, strengthen the credit channels and provide liquidity for the sound development of the financial system The COVID-19 pandemic and its potential negative implications for global…
BANCO DE MEXICO: Measures to provide MXN and…
Global and domestic financial markets have been subject to high volatility over the last weeks due to the uncertainty regarding the impact of COVID-19 on world economic activity, and to the recent fall in international…
Banco de México: Monetary Policy Statement March 20,…
Banco de México’s Governing Board has decided to move forward its monetary policy decision from the 26th to the 20th of March and to lower by 50 basis points the target for the overnight interbank…