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

The central bank of Mexico decided unanimously to keep its benchmark interest rate steady at 7.5 percent on April 12th as widely expected. Policymakers said the current monetary stance is appropriate to bring the inflation back to the 3 percent target. In March, the inflation rate fell more than expected to an 11 month low of 5.04 percent. In addition, policymakers noted the economy is growing but faces risks: unfavourable evolution of the NAFTA's renegotiation process could hurt the peso; Fed monetary policies could lead to more restrictive conditions in the international financial markets; the 2018 electoral process could pose a risk as well as the adoption of protectionist measures or the rise of unspecified geopolitical events. Interest Rate in Mexico averaged 5.48 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
2017-12-14 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%
2018-04-12 07:00 PM Interest Rate Decision 7.5% 7.5% 7.5% 7.5%
2018-04-26 03:00 PM Monetary Policy Meeting Minutes
2018-05-17 06:00 PM Interest Rate Decision 7.5% 7.5%
2018-05-30 05:30 PM Banxico Inflation Report


Mexico Money Last Previous Highest Lowest Unit
Interest Rate 7.50 7.50 9.25 3.00 percent [+]
Interbank Rate 7.83 7.78 89.48 3.29 percent [+]
Money Supply M0 1522133.90 1475679.80 1545934.30 2741.00 MXN Million [+]
Money Supply M1 4075918525.00 4076768045.00 4267367550.00 3093600.00 MXN Thousand [+]
Money Supply M2 8282456156.00 8228222237.00 13678464655.00 15370409.00 MXN Thousand [+]
Money Supply M3 9291854209.00 9224017742.00 15992691139.00 15483730.00 MXN Thousand [+]
Foreign Exchange Reserves 177615.00 179314.00 199161.40 32970.50 USD Million [+]
Banks Balance Sheet 5994605.20 5858106.20 5994605.20 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 3479849612.00 3544149270.00 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 April of 2018.

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




interest rate by Country
Country Last
Turkey 8.00 Mar/18
Mexico 7.50 Apr/18
Russia 7.25 Mar/18
Brazil 6.50 Mar/18
India 6.00 Apr/18
China 4.35 Mar/18
Indonesia 4.25 Apr/18
United States 1.75 Mar/18
Australia 1.50 Apr/18
South Korea 1.50 Apr/18
Canada 1.25 Apr/18
United Kingdom 0.50 Mar/18
Euro Area 0.00 Mar/18
France 0.00 Mar/18
Germany 0.00 Mar/18
Italy 0.00 Mar/18
Netherlands 0.00 Mar/18
Spain 0.00 Mar/18
Japan -0.10 Mar/18
Switzerland -0.75 Mar/18


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