Mexican central bank hiked rates by 75 bps, USD/MXH trims losses
Reuters reported that the Bank of Mexico hiked its benchmark interest rate by three-quarters of a percentage point to a record rate of 8.5% on Thursday, mirroring the US Federal Reserve’s most recent policy decision as inflation surged to an over two-decade high. The five board members of Banxico, as the central bank is known, voted… Read More »
