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COFECE Finds Non-Competitive Practices in Card Payment Processing
By Perla Velasco - Fri, 09/15/2023 - 10:32
COFECE identified significant barriers to competition in Mexico's card payment processing market, carried out by clearing houses.
https://mexicobusiness.news/tag/banxico
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The Downside of a Strong Mexican Peso
By Mariana Allende - Thu, 08/10/2023 - 12:00
While a strong Mexican peso can benefit local businesses, it poses challenges for US-Mexico cross-border trucking and trade companies.
Nu Opens New Office, Mercado Libre Grows: The Week In Finance
By Mariana Allende - Thu, 08/10/2023 - 10:00
Mercado Libre increased its net revenue in Mexico, while Nu opened a new office in Mexico City. This and more in the weekly roundup.
Mexico’s International Reserves Grow by US$5.66 Billion in 1H23
By Tomás Lujambio - Fri, 07/21/2023 - 15:14
Mexico's international reserves show significant stability, providing the country with a multimillion-dollar financial shield.
Mexico’s National Debt Grows 49% in May 2023
By Tomás Lujambio - Tue, 07/04/2023 - 17:23
Mexico's public debt climbed to MX$354 billion (US$20.8 billion) by the end of May 2023, according to SHCP.
Driving Alternative Payments in Mexico
By Jaime Márquez - Mon, 07/03/2023 - 10:00
Market participants that facilitate new payment methods are key to providing better, fairer, and friendlier services, writes Jaime Márquez Poo
Mexico’s Inflation to Contract Throughout 2023
By Tomás Lujambio - Tue, 06/27/2023 - 09:38
Following the announcement that inflation had hit its lowest point since March 2021, Banxico announced it would keep interest rates unchanged.
Mexican Peso Estimated to Break the MX$17 per US Dollar Mark
By Tomás Lujambio - Fri, 06/23/2023 - 13:10
Financial analysts estimate that the Mexican peso trading range will finish 2023 between MX$16.20 and MX$17.50 per US dollar.
Mexican Economy Stays Resilient Despite Uncertain Conditions
By Sofía Hanna - Thu, 06/22/2023 - 08:10
Catch up with the week’s most important financial news. Do not miss your weekly Finance Roundup!

Mexico Has Solid Position Amid Global Challenges: Banxico
By Sofía Hanna - Fri, 06/16/2023 - 13:50
Despite global challenges and an uncertain outlook, Mexico's financial system remains resilient, highlights Banxico in its June 2023 report.