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Monday, July 15, 2019
06:05 PM
Mexico Central Time
MARKETS AND DATA: US Dollar: $12.65 Euro: $16.78 Gold: US$1,327 Silver: US$20.39 Mex Crude: US$102.50 Cetes 28: 3.85%

posted 2009-06-19
New interest rate cut
The Mexican Central Bank reported a 0.50% base points cut on the interbank interest rate. The new figure has been established on 4.75%. The cut resulted from a significant economic stagnation in the first 5 months of the year.

posted 2009-06-08
Crisis hits bottom floor
The Private Sector Specialists Survey managed by the Mexican Central Bank estimates an inflation rate of 4.41% with a negative GDP of 5.8% for 2009. The consensus is that the economic crisis bottom floor is reached in the second quarter of 2009.

posted 2009-05-12
Interest rates go down
Today´s Central Bank auction of government bonds CETES28 reported a decrease tendency with a new interest rate of 5.36%. This figure has drop off 26% since the beginning of the year. This trend of interest rates´ reduction appears just before the Central Bank decides a possible cut in the banking interest rate at the end of this week.


Lowering Rates on CETES28

July 07, 2009. 11:29

The Central Bank auction of government bonds CETES28 reported a new interest rate of 4.65%. This figure has drop-off more than 41% since the beginning of the year, when the interest rate was 7.91%

DoingBusinessInMexico Staff
Published: July 07, 2009. 11:29 | Last updated: July 07, 2009. 11:29
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