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Mexico's central bank hikes rates to 4.75%, as expected

Mexico's central bank hikes rates to 4.75%, as expected

Central Banks
Adam Button
30/09/2021 | 18:02 GMT

Decision wasn't unanimous

  • 25 bps hike from the Banxico
  • 4 votes to hike, 1 vote to leave rates at 4.50%

USD/MXN has been swept up in the latest USD move but the initial reaction to this is slightly lower.

Decision wasn't unanimous
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