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

The central bank of Mexico raised its benchmark interest rate by 25 bps to 7.00 percent on June 22th, as widely expected, to its highest level in 8 years, saying inflation will be considerably above the 3.0-4.0 percent target in 2017 and that it will converge to target by the last quarter of 2018. Consumer prices in Mexico jumped 6.16 percent year-on-year in May of 2017, following a 5.82 percent rise in April. The inflation rate accelerated for the eleventh straight month, reaching the highest since April of 2009. Interest Rate in Mexico averaged 5.35 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
Receive the next reported value for Mexico Interest Rate in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website
Calendar GMT Actual Previous Consensus Forecast (i)
2017-03-30 07:00 PM Interest Rate Decision 6.50% 6.25% 6.5% 6.5%
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%
2017-07-06 02:00 PM Monetary Policy Meeting Minutes
2017-08-10 06:00 PM Interest Rate Decision 7.0% 7.25%
2017-08-24 02:00 PM Monetary Policy Meeting Minutes




Mexico Money Last Previous Highest Lowest Unit
Interest Rate 7.00 6.75 9.25 3.00 percent [+]
Interbank Rate 6.98 6.87 89.48 3.29 percent [+]
Money Supply M0 1375217.80 1378916.10 1420268.60 2741.00 MXN Million [+]
Money Supply M1 3812171270.00 3784653603.00 3872816628.00 3093600.00 MXN Thousand [+]
Money Supply M2 12603592708.00 12547749562.00 12603592708.00 15370409.00 MXN Thousand [+]
Money Supply M3 15046943261.00 14989753159.00 15046943261.00 15483730.00 MXN Thousand [+]
Foreign Exchange Reserves 176749.00 178704.00 199161.40 32970.50 USD Million [+]
Banks Balance Sheet 5613969.29 5468699.35 5613969.29 1171622.00 MXN Million [+]
Loans to Private Sector 2129597371.00 2086129725.00 2129597371.00 309796117.00 MXN Thousand [+]
Deposit Interest Rate 0.59 0.84 94.96 0.59 percent [+]
Central Bank Balance Sheet 3744342937.00 3811821962.00 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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
7.00 6.75 9.25 3.00 2005 - 2017 percent Daily



interest rate by Country

Last
Brazil 10.25 May/17
Russia 9.00 Jun/17
Turkey 8.00 Jun/17
Mexico 7.00 Jun/17
India 6.25 Jun/17
Indonesia 4.75 Jun/17
China 4.35 Jun/17
Australia 1.50 Jun/17
South Korea 1.25 May/17
United States 1.25 Jun/17
Canada 0.50 May/17
United Kingdom 0.25 Jun/17
Euro Area 0.00 Jun/17
France 0.00 Jun/17
Germany 0.00 Jun/17
Italy 0.00 Jun/17
Netherlands 0.00 Jun/17
Spain 0.00 Jun/17
Japan -0.10 Jun/17
Switzerland -0.75 Jun/17