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Agri-Food Trade Balance Achieves Record Growth
By Eliza Galeana - Tue, 04/16/2024 - 07:00
Mexico's agri-food trade balance reached new heights with a record surplus of US$1.4 billion, marking a 60.95% year-on-year increase.

https://mexicobusiness.news/tag/banxico
More Finance & Fintech
Banxico Cuts Interest Rate to 11%, First Since February 2021
By MBN Staff - Fri, 03/22/2024 - 10:52
Banxico lowered the interest rate by 25 basis points to 11%, marking the first reduction since early 2021.
Mexico's FEIP Drops 88% Since 2018
By MBN Staff - Tue, 03/19/2024 - 13:02
Mexico's Stabilization Fund (FEIP) recorded a balance of MX$40.52 billion in 2023, an annual real contraction of 88.8% compared to 2018.
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
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.