The target for the overnight interbank funding rate is decreased by 25 basis points
(WorldNews Mexico)

August 15, 2019 Press Release Monetary Policy Statement This document is provided for the reader`s convenience only. The translation from the official Spanish version was made by Banco de México`s staff. Discrepancies may possibly arise between the original document in Spanish and its English translation. For this reason, the original Monetary Policy Statement in Spanish is the only official document. Banco de México`s Governing Board has decided to lower the target for the overnight interbank interest rate by 25 basis points to 8.00%. World economic activity decelerated during the second quarter of the year due to moderation of growth in the main advanced and emerging economies. In this...