Posted by : Shekhar™ Monday, 30 May 2011

Currency Thoughts


No Change in Mexican Monetary Policy Interest Rate

Posted: 29 May 2011 10:46 AM PDT

The key Mexican interbank interest rate was left at 4.5% by Bank of Mexico policymakers, who met on Friday.  This rate was cut several times by 375 basis points in all during 2009 but has been at 4.5% since the last of those reductions in July of that year.  A statement on the Bank of [...]

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