Archive for April 16th, 2011

Central Bank Watch

Mexican Key One-Day Interbank Rate Left at 4.5%

April 16, 2011

After 375 basis points of reduction within seven months from 8.25% at end-2008, the Bank of Mexico’s policy interest rate has remained at 4.5% since July 2009 and will continue to do so at least until the next Board meeting on May 27.  Subsequent policy meetings are scheduled for July 8 and then August 26.  […] More