Mexico raised borrowing costs to a record 10% after a key measure of inflation accelerated again last month and to keep pace with the US Federal Reserve’s most aggressive tightening campaign in decades. Banxico, as the central bank led by Governor Victoria Rodriguez is known, delivered a fourth...

The Mexican peso was the second-best emerging currency on the day The nomination has stirred a great deal of uncertainty in The U.S Banking and Political circles along with Mexican markets as traders assess Rodriguez’s qualifications. The candidate has little experience with central banking...

On Wednesday, President Andres Manuel Lopez Obrador confirmed that it will propose to the current undersecretary of Expenditure of the Ministry of Finance and Public Credit, Victoria Rodriguez Ceja , to be the next governor of the Bank of Mexico (Banxico) . Victoria Rodríguez Ceja currently...