Bank of Mexico
The peso gains ground against the dollar
While the dollar reversed its gains, Mexico’s financial markets decoupled from Wall Street and closed with slight gains. With Wall…
External demand: Key to economic resilience
Most members of the Governing Board of the Bank of Mexico (BdeM) considered that external demand is emerging as a…
Banxico reports economic downfall in northern Mexico
The Bank of Mexico (Banxico) reported that economic activity in the northern region of the country fell 1% during the…
Mexico’s financial system remains strong
In its June 2026 Financial Stability Report, the Bank of Mexico (BdeM) noted that global economic activity showed signs of…
Bank of Mexico lowers its economic forecast
The Bank of Mexico (BdeM) lowered its forecast for gross domestic product growth in 2026 to 1.1%, down from the…
Credit card spending skyrockets in Mexico
According to figures from the Bank of Mexico (BdeM), demand for financing among Mexican households remained strong in March 2026;…
US employment falls; remittances from Mexico continue
During the first quarter, the number of Mexican workers in the United States fell by just over 8% compared to…
Sheinbaum: PACIC keeps inflation in check
President Claudia Sheinbaum stated that current inflation levels fall within the historical range seen over the past twenty years. However,…
Hacienda forecasts growth in the Mexican economy
In its “Preliminary General Economic Policy Guidelines” document, the Ministry of Finance and Public Credit (SHCP) projected that the Mexican…
Bank of Mexico: To create new accounts to expand services
The Bank of Mexico (BdeM) is preparing a series of changes to allow more people to use bank accounts with…
Bank of Mexico: Digital loans are considerably more expensive than traditional on
Digital banking platforms operating in Mexico have emphasized innovation, accessibility, and the digital experience for their users; however, when it…
The Bank of Mexico (BdeM) cuts the interest rate to 6.75%
Contrary to market expectations, the Governing Board of the Bank of Mexico (BdeM) decided to cut the interest rate by…
