Pantheon Macroeconomics - Mexico's central bank, Banxico, last night capitulated again, reacting to the depreciation of the MXN by increasing interest rates by 50bp--for the fourth time this year--to 5.25%.

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18 November. 2016 Banxico is the Victim of Trump- Related Collateral Damage

By Andres Abadia

Mexico's central bank, Banxico, last night capitulated again, reacting to the depreciation of the MXN by increasing interest rates by 50bp--for the fourth time this year--to 5.25%.

Posted: 17th Nov 2016 in 'Latin America Documents'

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