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Top News In Banxico Pointed Today - Breaking & Trending Today

Mexican Peso softens, hitting three-day low against the US Dollar

The Mexican Peso (MXN) extended its losses for two straight days against the US Dollar (USD) during the North American session as USD/MXN buyers stepped in and lifted the exchange rate past 17.00 to reach a daily high of 17.02. ....

United States , Federal Reserve , Mexican Peso , North American , Gross Fixed Investment , Gross Fixed Income , Consumer Price Index , Reuters Poll , Simple Moving Average , Latin American ,

Mexico's headline inflation likely ticked higher in December- Reuters poll

Mexico's headline inflation likely sped up slightly in December for the second consecutive month, a Reuters poll showed on Monday, while the closely monitored core rate was expected to continue its descent. Mexico's central bank, known as Banxico, remains "slightly hawkish" in its monetary policy stance and plans to hold its benchmark interest rate at an all-time high of 11.25% for some time as it waits for inflation to fall back to within the target range of 3% plus or minus one percentage point. The median forecast of 16 analysts on Monday predicted annual headline inflation at 4.55% in December, compared to a reading of 4.32% in November. ....

Buenos Aires , Distrito Federal , Mexico City , Noe Torres , Kylie Madry , Gabriel Burin , Paul Simao , Headline Inflation , Core Inflation , Monetary Policy Stance , Mexico City ,