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Gold Hits New All-Time High Above US$4,079/oz
By MBN Staff - Mon, 10/13/2025 - 10:09
Driven by renewed US-China trade tensions and Fed rate cut expectations, spot gold prices surged to a new record high of US$4,079.70/oz.
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Mexico’s Growth to Stay Weak Into 2025, Warn IMF, Citi
By Mariana Allende - Wed, 07/30/2025 - 08:11
IMF, Citi warn Mexico’s growth will stay weak through 2025 amid low demand, trade uncertainty, and inflation; modest recovery seen in 2026.
Mexico 2025 GDP Forecast Holds at 0.2% in Citi Survey
By MBN Staff - Wed, 07/23/2025 - 11:41
Citi survey shows 2025 Mexico GDP growth forecast steady at 0.2%, down from 1% projected earlier this year by 37 financial institutions.
BofA Still Bets on PEMEX
By MBN Staff - Thu, 05/09/2024 - 11:02
Bank of America renewed PEMEX’s credit line amid challenges.
Hydrocarbons Law of 2021 is Constitutional: Supreme Court
By Perla Velasco - Fri, 05/03/2024 - 09:33
The Supreme Court ruled that the unconstitutionality action issued against the Hydrocarbons Law of 2021 is unfounded. Read more in the weekly roundup!
PEMEX Poses Primary Fiscal Risk for Mexico: Bank of America
By MBN Staff - Thu, 02/15/2024 - 12:34
The Bank of America warns that Mexico’s primary fiscal risk is PEMEX.
Prioritizing Migration to Accelerate Latin American Development
By Sofía Hanna - Tue, 01/31/2023 - 09:37
ECLAC is urging countries to prioritize migration to accelerate the development of Latin America and the Caribbean.
Bank of America’s Economists Predict 11 Percent Interest Rate
By Emilio Aristegui - Mon, 09/26/2022 - 17:45
Bank of America’s experts estimate that Mexico’s Central Bank will increase Mexico’s interest rate to 11 percent.
Mexico Strengthens Relationship with Dubai: The Week in Finance
By Emilio Aristegui - Thu, 06/23/2022 - 10:05
The United Arab Emirates announced the opening of the Dubai International Chamber in Mexico. This and more in the week in finance.
Banxico to Increase Interest Rate Again
By Sofía Hanna - Fri, 06/17/2022 - 15:46
The Mexican bank is exploring this possibility after the US Federal Reserve increased its interest rate.