Banxico Shocks Markets, Bumps Interest Rates 50 Points

This is the 14th time in a row that Mexico’s Central Bank has raised the rate in a nearly two-year cycle
Read moreThis is the 14th time in a row that Mexico’s Central Bank has raised the rate in a nearly two-year cycle
Read moreBy RICARDO CASTILLO Reverse Remittances While the Central Bank of Mexico has already begun whining about the potential drop in dollar-denominated remittances from the roughly 36 million Mexican workers in the United States, down to $29 billion in 2020, its U.S. counterpart, the Federal Reserve (Fed) is reporting that as of last January and through Thursday, April 2, Mexican investors
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