
Mexico's central bank cut the benchmark rate by 50 basis points

Mexico's central bank cut the benchmark rate by 50 basis points


Mexico’s Finance Ministry has informed that during this year, the economy will slide into recession

Foreign investors have withdrawn over MXN $150 billion because of the current economic crisis

S&P said it expected Mexican gross domestic product (GDP) to shrink between 2% to 2.5% in 2020

Millions of Mexican entrepreneurs, micro, and small businesses will not be able to resist a temporary suspension of activities

International crude oil prices suffered the biggest rout in nearly 30 years on Monday, after top producers Saudi Arabia and Russia began an oil price war

On Monday, Banxico stepped into the foreign exchange market to prop up the Mexican peso after the currency plummeted to an all-time low

Mexico’s President said his government would ask the public whether to let the U.S. company Constellation Brand Inc. open a massive brewery in Mexicali

In its quarterly economic report, Banxico lowered its growth outlook for this year to between 0.5% and 1.5%, from a prior estimate of 0.8% to 1.8%