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Fitch Ratings Adjusts Mexico’s 2024 Growth Forecast to 2.2%
By Mariana Allende - Thu, 03/14/2024 - 13:46
Credit rating firm Fitch Ratings has revised its growth forecast for Mexico in 2024 from 2.4% to 2.2% due to reduced investment
https://mexicobusiness.news/tag/banxico
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The End of the Golden Era for CETES
By Ana Sepulveda - Fri, 03/08/2024 - 14:00
The market is at a crucial moment for investors to reevaluate their portfolios and embrace diversification, writes Ana Sepulveda.
Banxico’s Interest Rate Cuts to Be More Cautious: Analysts
By MBN Staff - Tue, 03/05/2024 - 10:51
Analysts predict that Mexico's Central Bank (Banxico) will implement interest rate cuts at a slower pace than previously expected.
Increasing Chinese Car Imports Force Domestic Innovation
By Óscar Goytia - Thu, 02/29/2024 - 16:18
China's successful venture into the Mexican market is prompting domestic car producers to reassess their pricing models.
Mexico, US Optimistic Amid Global Economic Woes
By Mariana Allende - Wed, 02/21/2024 - 09:00
Despite European and Asian countries declaring recession, Mexico and the United States remain optimistic amid an economic slowdown.
Hey Banco to Separate From Banregio in 2025
By MBN Staff - Tue, 02/20/2024 - 09:06
Neobank Hey Banco has announced its plans to achieve independence from its parent company, Banregio, by 2025.
Acapulco’s Inflation Hits 25-Year High Post-Hurricane Otis
By MBN Staff - Thu, 02/15/2024 - 13:49
Due to Hurricane Otis, the Consumer Price Index for the destination in Guerrero rose to 1.8% at the beginning of 2024.
Banks, Fintechs Adapt as Remittances Soar to Record Levels
By Perla Velasco - Thu, 02/15/2024 - 12:10
Bancoppel joins Banco Azteca and Nu in leveling up its digital services for users that send remittances.
Mexico Tallys 14 Years of Growth in Agri-Food Exports
By José Escobedo - Mon, 02/12/2024 - 17:30
The country’s top exports include beer, tequila, mezcal, tomatoes and avocados.
Agri-Food Exports Reach Record Heights in 2023
By MBN Staff - Mon, 02/12/2024 - 13:34
Mexico’s agri-food trade balance recorded a surplus of US$7.5 billion in 2023.