Weekly Report - 18 February 2021 (WR-21-07)

TRACKING TRENDS

MEXICO | Interest rate cut. Mexico’s central bank (Banxico) reduced its benchmark interest rate by 25 basis points, from 4.25% to 4%, on 11 February. The onset of the coronavirus (Covid-19) pandemic last year saw Banxico cut interest rates for six consecutive months in 2020, falling from 7% in March to 4.25% in September, to try and stimulate the domestic economy and ensure market liquidity amid a general fall in economic activity due to the pandemic.  

End of preview - This article contains approximately 161 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.