Bank of Mexico Maintains 11% Benchmark Interest Rate Amid Market Volatility
The Bank of Mexico decided to keep its benchmark interest rate steady at 11.00% despite recent market volatility. The decision, made by the bank's five-member governing board, was not unanimous but was anticipated by most analysts following the post-election market fluctuations this month.
The Bank of Mexico held its benchmark interest rate at 11.00% on Thursday.
The decision by the bank's five-member governing board was not unanimous. The decision was expected by a majority of analysts polled by Reuters, after post-election market volatility this month.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
Advertisement
ALSO READ
MVA's Lok Sabha Triumph: A Prelude to Maharashtra Assembly Elections
UPDATE 3-Thousands march in France in pre-election protest against far right
"Modi govt has not learned from election results...": Owaisi questions UAPA
UPDATE 2-Thousands march in France in pre-election protest against far right
Peru economy expands 5.28% in April year-on-year