Mexican central bank increases rate.
M2 EQUITYBITES-June 24, 2022--Mexican central bank increases rate
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Global Banking News - 24 June 2022
The Mexican central bank has increased its rate.
The apex bank has hiked its benchmark interest rate by a record 75 basis points to 7.75 percent. It also said that more rate increases would be forthcoming if necessary.
Banxico, the central bank, has been raising rates as it tries to moderate increasing consumer prices. It has increased the...
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