Banco de M�xico

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Banco de Mexico is Mexico's central bank

Guillermo Ortiz is governor of the bank since 1998

Table of contents

1 Goals
2 Other activities
3 Instruments
4 History
5 Goals for 2003
6 Note
7 External links

Goals

Create money
Fight inflation

Other activities

Mexico's central bank released statistics about the economy (GDP,..). You can see them on the official site, many of them are in Spanish and some in PDF.

Instruments

Interest rates
The short stands for the Spanish word corto

History

September 1, 1925 : creation of the bank
July 1931 : Ley Monetaria
1935 : plate crisis (important increase of the plate price)
February 7, 2003 : it increased the short from 5550 million pesos a day to 625 million pesos

Goals for 2003

Let inflation below 3%

Note

Mexicans often use the abbreviation BdeM

External links

http://www.banxico.org.mx/

See also : central bank | Economy of Mexico | Mexico