Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico central bank flags further peso risk from Brexit, U.S. election

Most Mexican central bank policymakers fear the country's battered peso currency could suffer further from market volatility stemming from Britain's vote to leave the European Union and the U.S. presidential race.

Policymakers voted 5 to 0 to raise its key rate MXCBIR=ECI by half a percentage point to 4.25 percent on June 30, more than expected, as the majority flagged the need to keep the slumping peso from stoking inflation, minutes of the central bank meeting released on Thursday said.

All policymakers said they raised interest rates in a bid to protect the purchasing power . . .

Read Full Story

Related Posts

How Cartels Operate Through Mexico’s Supply Chains Now

How Cartel Power Hides in Mexico’s Everyday Business

A long-form explainer on how cartel influence moves through fuel, freight, payroll, customs and mining,...
Mexico's World Cup Security Test Has Already Begun

Mexico’s World Cup Security Test Has Already Begun

As World Cup deadlines near, Mexico's security push is becoming a test of logistics, credibility,...
USMCA Review Will Test ’s Nearshoring Model This Year

Why Mexico’s Nearshoring Strategy Runs Through USMCA

Mexico’s nearshoring strategy depends on USMCA rules. The 2026 review will show how secure its...
puerto vallarta news

Puerto Vallarta Morning Briefing: March 7 Daily Update

Top stories for Puerto Vallarta today include heat and UV, bridge detours, security posture, cruise...