Puerto Vallarta News

Puerto Vallarta News

Bank of Mexico raises the interest rate to 9.25%, the highest level since 2008

Faced with the highest inflation in more than 20 years, the Bank of Mexico continues to raise the interest rate. On Thursday, the central bank's Governing Council voted unanimously for a hike of 75 basis points, bringing it to 9.25%. This is the highest level since Mexico began i…

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