Raises rate to 6.25% from 5.75%
The Banxico raised rates by 50 BP to 6.25% from 5.75% in an effort to stay ahead of the currency weakness and 2nd round CPI effects.
Raises rate to 6.25% from 5.75%
The Banxico raised rates by 50 BP to 6.25% from 5.75% in an effort to stay ahead of the currency weakness and 2nd round CPI effects.