Mexico Interest Rate  2005-2018 | Data | Chart | Calendar | Forecast

Mexico's central bank increased the benchmark interest rate by 25 bps to 7.50 percent on 8 February 2018, matching expectations. The result left borrowing costs at its highest level since March of 2009 and follows a 25-bps hike in the December meeting. The central bank has raised interest rates by 450 bps since the tightening cycle began in December of 2015. The annual inflation rate in Mexico eased to 5.55 percent in January of 2018, from a 16-1/2-year high of 6.77 percent in December. Figures came slightly above market consensus of 5.51 percent. Interest Rate in Mexico averaged 5.45 percent from 2005 until 2018, 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 TEForecast
2017-11-09 07:00 PM Interest Rate Decision 7.00% 7% 7.00% 7.0%
2017-12-14 07:00 PM Interest Rate Decision 7.25% 7.00% 7.25% 7.25%
2018-02-08 07:00 PM Interest Rate Decision 7.5% 7.25% 7.5% 7.5%
2018-02-22 03:00 PM Monetary Policy Meeting Minutes
2018-02-28 06:30 PM Banxico Inflation Report
2018-04-12 07:00 PM Interest Rate Decision 7.5% 7.5%


Mexico Money Last Previous Highest Lowest Unit
Interest Rate 7.50 7.25 9.25 3.00 percent [+]
Interbank Rate 7.64 7.51 89.48 3.29 percent [+]
Money Supply M0 1483140.40 1545934.30 1545934.30 2741.00 MXN Million [+]
Money Supply M1 4267367550.00 3997669278.00 4267367550.00 3093600.00 MXN Thousand [+]
Money Supply M2 13678464655.00 13438544289.00 13678464655.00 15370409.00 MXN Thousand [+]
Money Supply M3 15992691139.00 15846617910.00 15992691139.00 15483730.00 MXN Thousand [+]
Foreign Exchange Reserves 175450.00 173967.00 199161.40 32970.50 USD Million [+]
Banks Balance Sheet 5857788.00 5876892.37 5876892.37 1171622.00 MXN Million [+]
Loans to Private Sector 2352487758.00 2301790660.00 2352487758.00 309796117.00 MXN Thousand [+]
Deposit Interest Rate 1.29 0.59 94.96 0.59 percent [+]
Central Bank Balance Sheet 3527783113.00 3731053748.00 3881189549.00 9740027.00 MXN Thousand [+]


Mexico Interest Rate

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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
7.50 7.25 9.25 3.00 2005 - 2018 percent Daily




interest rate by Country
Country Last
Turkey 8.00 Jan/18
Mexico 7.50 Feb/18
Russia 7.50 Feb/18
Brazil 6.75 Feb/18
India 6.00 Feb/18
China 4.35 Jan/18
Indonesia 4.25 Feb/18
Australia 1.50 Feb/18
South Korea 1.50 Jan/18
United States 1.50 Jan/18
Canada 1.25 Jan/18
United Kingdom 0.50 Feb/18
Euro Area 0.00 Jan/18
France 0.00 Jan/18
Germany 0.00 Jan/18
Italy 0.00 Jan/18
Netherlands 0.00 Jan/18
Spain 0.00 Jan/18
Japan -0.10 Jan/18
Switzerland -0.75 Jan/18


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