Mexico Interest Rate


The central bank of Mexico lifted its benchmark interest rate by 25 bps to 6.5 percent at its March 30th 2017 meeting. The rate now stands its highest level in 8 years. The decision was unanimous and matched expectations. Policymakers underscored that inflation is expected to remain above the 3.0-4.0 percent target in the following months, affected mainly by the liberalization of gasoline prices and by the Mexican Peso’s depreciation. Interest Rate in Mexico averaged 5.33 percent from 2005 until 2017, reaching an all time high of 9.25 percent in October of 2005 and a record low of 3 percent in June of 2014.


Mexico Interest Rate

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In Mexico, interest rate decisions are taken by the Bank of Mexico (Banco de México). Starting January of 2008, Banco de México has adopted as an operating target the overnight interbank rate (tasa de fondeo bancario) instead of the level of commercial banks’ current account balances at the central bank (corto). This page provides – Mexico Interest Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Interest Rate – actual data, historical chart and calendar of releases – was last updated on April of 2017.