Mexico Interest Rate  2005-2017 | Data | Chart | Calendar | Forecast

The Banco de Mexico held its benchmark rate at 7 percent on August 10th, as widely expected, saying previous rate hikes were already beginning to slow the pace of inflation while the balance of risks to growth has improved. Annual inflation rate hit 6.44 percent in July, its highest level since December 2008. Interest Rate in Mexico averaged 5.38 percent from 2005 until 2017, reaching an all time high of 9.25 percent in October of 2005 and a record low of 3 percent in June of 2014.

Mexico Interest Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-05-18 06:00 PM Interest Rate Decision 6.75% 6.5% 6.5% 6.75%
2017-06-22 06:00 PM Interest Rate Decision 7.0% 6.75% 7% 7%
2017-08-10 06:00 PM Interest Rate Decision 7.0% 7.0% 7.0% 7.0%
2017-08-24 02:00 PM Monetary Policy Meeting Minutes
2017-08-30 05:30 PM Banxico Inflation Report
2017-09-28 06:00 PM Interest Rate Decision 7.0% 7.0%


Mexico Money Last Previous Highest Lowest Unit
Interest Rate 7.00 7.00 9.25 3.00 percent [+]
Interbank Rate 7.37 7.21 89.48 3.29 percent [+]
Money Supply M0 1370625.50 1371216.50 1420268.60 2741.00 MXN Million [+]
Money Supply M1 3809434732.00 3743414217.00 3872816628.00 3093600.00 MXN Thousand [+]
Money Supply M2 12807470223.00 12590450109.00 12807470223.00 15370409.00 MXN Thousand [+]
Money Supply M3 15234234347.00 15004405973.00 15234234347.00 15483730.00 MXN Thousand [+]
Foreign Exchange Reserves 175396.00 176115.00 199161.40 32970.50 USD Million [+]
Banks Balance Sheet 5704265.67 5711850.07 5711850.07 1171622.00 MXN Million [+]
Loans to Private Sector 2158073553.00 2134106095.00 2158073553.00 309796117.00 MXN Thousand [+]
Deposit Interest Rate 1.29 0.59 94.96 0.59 percent [+]
Central Bank Balance Sheet 3510489567.00 3479813750.00 3881189549.00 9740027.00 MXN Thousand [+]


Mexico Interest Rate Notes

In Mexico, interest rate decisions are taken by the Bank of Mexico (Banco de México). Starting January of 2008, Banco de México has adopted as an operating target the overnight interbank rate (tasa de fondeo bancario) instead of the level of commercial banks’ current account balances at the central bank (corto). This page provides - Mexico Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Interest Rate - actual data, historical chart and calendar of releases - was last updated on August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
7.00 7.00 9.25 3.00 2005 - 2017 percent Daily



interest rate by Country

Last
Brazil 9.25 Jul/17
Russia 9.00 Jul/17
Turkey 8.00 Jul/17
Mexico 7.00 Aug/17
India 6.00 Aug/17
Indonesia 4.50 Aug/17
China 4.35 Jul/17
Australia 1.50 Aug/17
South Korea 1.25 Jul/17
United States 1.25 Jul/17
Canada 0.75 Jul/17
United Kingdom 0.25 Aug/17
Euro Area 0.00 Aug/17
France 0.00 Aug/17
Germany 0.00 Aug/17
Italy 0.00 Aug/17
Netherlands 0.00 Aug/17
Spain 0.00 Aug/17
Japan -0.10 Jul/17
Switzerland -0.75 Jul/17