- Bank of Mexico
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Bank of Mexico
Banco de México
Bank of Mexico headquarters in Mexico City Headquarters Mexico City, Mexico Coordinates 19°26′06″N 99°08′26″W / 19.434893°N 99.140427°WCoordinates: 19°26′06″N 99°08′26″W / 19.434893°N 99.140427°W Established 1 September 1925 Governor Agustín Carstens Central bank of Mexico Currency Mexican peso ISO 4217 Code MXN Base borrowing rate 8.25 Website www.banxico.org.mx The Bank of Mexico (Spanish: Banco de México), abbreviated BdeM or Banxico, is Mexico's central bank and lender of last resort. The Bank of Mexico is autonomous in exercising its functions, and its main objective is to achieve stability in the purchasing power of the national currency.
On December 15, 2009, Agustín Carstens was confirmed by the Senate as the new Governor of the Bank of Mexico with 81 votes in favor and 19 votes against. He is due to take office on 1 January 2010.[1]
Contents
History
- 1 September 1925: creation of the Bank.
- July 1931: Monetary Law constituted.
- 1935: silver crisis (important increase of the silver price)
See also
References
- ^ "Mexico's Senate confirms Carstens as cenbank head". Forbes. Reuters. 15 December 2009. http://www.forbes.com/feeds/reuters/2009/12/15/2009-12-15T234527Z_01_N15241977_RTRIDST_0_MEXICO-CARSTENS-UPDATE-3.html. Retrieved 16 December 2009.[dead link]
External links
Banks of Mexico Central Banks Bank of MexicoDevelopment Banks Bancomext • Banjercito • Banobras • Bansefi • Financiera Rural • Nafinsa • Sociedad Hipotecaria Federal
Mexican banks Banca Afirme • Banca Mifel • Banco Ahorro Famsa • Banco Amigo • Banco Autofin • Banco Azteca • Banco Compartamos • Banco del Bajío • Banco Fácil • Banco Inbursa • Banco Interacciones • Banco Invex • Banco Monex • Banco Multiva • Banco Ve X + • Bancoppel • Banorte • BanRegio • Bansi S.A. • Ixe Banco
Foreign-owned Banks Banamex • Banco Santander • Banco Volkswagen Mexico • Banco Wal*Mart de Mexico Adelante • BBVA Bancomer • HSBC Mexico • Mitsubishi Bank • Prudential Bank • Scotiabank Inverlat • ING Mexico
Categories:- Central banks
- Economy of Mexico
- Banks of Mexico
- Banks established in 1925
- Mexico stubs
- Bank stubs
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