News tagged with “bank of mexico”. Found:
12 tagged news reports.
Your Search Returned 12 tagged news reports
Analysts raise growth expectation in 2010: Bank of Mexico
Mexico City :: Mexico | 20 days ago
Credibility
Economic analysts expect a growth of 2.9 percent in 2010 for Mexico, slightly higher than the previous expectation of 2.8 percent, a Bank of Mexico survey said Tuesday. However, the analysts, from 29 financial companies, surveyed by the central bank...
Tags: Bank of Mexico
Money: Now Flowing in Reverse
It's an age-old story: immigrants arrive in the US hopeful they can make a better life for themselves. And most also hope they can send some money back to make life a bit easier for the family they left behind. The money they send...
Tags: remittance, AMUCSS, Martin Zuvire, Mexican Association of Social Sector Credit Unions, economy, Bank of Mexico, construction, petroleum exports, immigration, migration, unemployment
Bank Of Mexico Holds Rates At 4.5%
Mexico City :: Mexico | 2 months ago
Credibility The Bank of Mexico on Friday kept its monetary policy rate at 4.5% for the second straight month, in line with economists' expectations. RBS Securities analyst Benito Berber said the statement accompanying the decision had a "hint of hawkishness" related...
Tags: Mexico City, Bank of Mexico, Axtel SAB, Mexico
Mexico's central bank slashes interest rates
Mexico City :: Mexico | 8 months ago
Credibility Mexico's central bank surprised analysts Friday and slashed interest rates by three-quarters of a point. The Bank of Mexico defended its decision, arguing in a statement that the worsening global economic crisis, especially in the industrialized world,...
Tags: Bank of Mexico, Central Bank, U.S
Mexico’s peso weakens to record low
Mexico City :: Mexico | 8 months ago
Credibility Mexico’s battered peso weakened today to a record low of 15.4 against the dollar, and the central bank auctioned off $400 million in foreign reserves to prop up the battered currency. The peso’s fall came as the Dow Jones industrial average plunged below...
Tags: Bank of Mexico, record low, peso weakened
Mexican peso weakens to record low
Mexico City :: Mexico | 9 months ago
Credibility Mexico's peso has weakened to a record 14.89 to the U.S. dollar after the central bank cut interest rates less than expected. The bank on Friday lowered its benchmark rate by 25 basis points to 7.50. It was the second time since January that the bank...
Tags: Bank of Mexico, central banks, U.S, banks cut, rate cut
Mexican economy could shrink 1 percent in 2009
Mexico City :: Mexico | 9 months ago
Credibility Mexico's economy could shrink 1 percent this year as the U.S. recession slashes demand for Mexican exports and tightens credit, a Treasury official said Tuesday. The Treasury forecast ranges from zero growth to a 1 percent decline in gross domestic product...
Tags: U.S, Bank of Mexico, record low
Mexican companies turn to government for debt aid
Mexico City :: Mexico | about 1 year ago
Credibility Large Mexican companies, long dependent on cheap U.S. dollar-denominated financing, now are turning to the Mexican government for guarantees backing short-term commercial paper debt to stay in business, according to numerous Mexican press reports. The...
Tags: stock market, peso, dollar, debt, federal reserve, money, currency, U.S. Federal Reserve, Bank of Mexico
Peso falls against dollar
Mexico City :: Mexico | about 1 year ago
Credibility Friday Oct 24, 2008 Mexico's peso tumbled and the stockmarket dropped 7 per cent yesterday, despite the central bank's actions to stabilise the economy. The bank has been auctioning off reserves since the peso hit a record low of 14 to the US dollar this...
Tags: Mexico City-based Televisa, Bank of Mexico, record low, billion peso, billion dollars, trades near, peso trades
Mexico struggles to shore up value of peso
Mexico City :: Mexico | about 1 year ago
Credibility Mexico's central bank dumped $3.4 billion into the foreign exchange market today, stepping up its efforts to quell a rout that has driven down the peso 18 percent this month. Banco de Mexico sold $3 billion in a first auction and $400 million in a second...
Tags: mexico, calderon, Banco de Mexico, Mexico Sells, Bank of Mexico, central banking, U.S, dollar reserves, banking auction, billion dollar
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