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Mexico Banxico Flash. No change in fondeo rate. An increase in uncertainty leads to a more neutral tone

Published on Friday, June 8, 2012

Mexico Banxico Flash. No change in fondeo rate. An increase in uncertainty leads to a more neutral tone

Banxico exhibits a more neutral tone in the policy paragraph of its announcement. It substitutes the reference to the possible convenience of a rate cut, as it did since October 2011

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