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Mexican Peso: Banxico stance keeps bar high for hikes – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad reports that Banxico left its policy rate at 6.50% for a third consecutive meeting and removed prior guidance to ke

Brown Brothers Harriman’s (BBH) Elias Haddad reports that Banxico left its policy rate at 6.50% for a third consecutive meeting and removed prior guidance to keep it fixed, while stressing it does not need to match expected Federal Reserve hikes.

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