- Bank of Mexico
Bank of Mexico
Banco de México
Bank of Mexico headquarters in Mexico City Headquarters Mexico City, Mexico Coordinates Coordinates: 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 September 1925: creation of the Bank.
- July 1931: Monetary Law constituted.
- 1935: silver crisis (important increase of the silver price)
- ^ "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]
Banks of Mexico Central BanksBank of Mexico Development Banks
Bancomext • Banjercito • Banobras • Bansefi • Financiera Rural • Nafinsa • Sociedad Hipotecaria Federal
Mexican banks Foreign-owned Banks
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