Central Bank Interest Rate

The Bank of Mexico announces a key interest rate which affects the whole range of interest rates set by commercial banks, building societies and other institutions for their own savers and borrowers.  Generally speaking, if the central bank is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the Mexican Peso.

Most recent - Thursday 9 May 2024 19:00

Previous
11%
Forecast
11%
Actual
11%

Next event - Thursday 27 June 2024 19:00

Previous
-
Forecast
-
Actual
-

The typical/expected impact on MXN pairs is medium.

There is no forecast value for Central Bank Interest Rate yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Central Bank Interest Rate was 11% against a forecast of 11%.

Past events

Date
Forecast
Actual
Thursday 9 May 2024 19:00
11%
11%
Thursday 21 March 2024 19:00
11%
11%
Thursday 8 February 2024 19:00
11.25%
11.25%
Thursday 14 December 2023 19:00
11.25%
11.25%
Thursday 9 November 2023 19:00
11.25%
11.25%
Thursday 28 September 2023 19:00
11.25%
11.25%
Thursday 10 August 2023 19:00
11.25%
11.25%
Thursday 22 June 2023 19:00
11.25%
11.25%
Thursday 18 May 2023 19:00
11.25%
11.25%
Thursday 30 March 2023 19:00
-
11.25%
Thursday 9 February 2023 19:00
10.75%
11%
Thursday 15 December 2022 19:00
10.5%
10.5%
Thursday 10 November 2022 19:00
10%
10%
Thursday 29 September 2022 18:00
9.25%
9.25%
Thursday 11 August 2022 18:00
8.5%
8.5%
Thursday 23 June 2022 18:00
7.75%
7.75%
Thursday 12 May 2022 18:00
7%
7%
Thursday 24 March 2022 19:00
6.5%
6.5%
Thursday 10 February 2022 19:00
6%
6%
Thursday 16 December 2021 19:00
5.25%
5.5%
Thursday 11 November 2021 19:00
-
5%
Thursday 30 September 2021 18:00
4.75%
4.75%
Thursday 12 August 2021 18:00
4.5%
4.5%
Thursday 24 June 2021 19:00
4%
4.25%

Economic context

Other recent announcements which may affect the market's interpretation of the next Central Bank Interest Rate result:

PreviousLatest
Headline InflationBearish change0.29%0.2%

About Central Bank Interest Rate

Country:Mexico
Currency:MXN
Source:Banxico
Category:Interest Rates
Frequency:Weekly/week-based

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