Economy & Business - April 2022

During Mexico’s 85^th annual banking convention, which kicked off in Acapulco city (Guerrero State) on 24 March, Finance Minister Rogelio Ramírez de la O confirmed that the country’s financial authorities were working on the development of a Central Bank Digital Currency (CBDC), which was first disclosed by Banxico’s deputy governor, Jonathan Heath, at the end of 2021.