Banco de México
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(Redirected from Bank of Mexico)
The Banco de México (Spanish: "Bank of Mexico"), abbreviated BdeM or Banxico, is Mexico's central bank and lender of last resort. As with other central banks, it takes the responsibility for the production of domestic currency, the establishment of base interest rates, the issuance of government bonds etc.
Its current governor is Sr.Guillermo Ortiz Martinez who was appointed in 1998
History
- September 1, 1925 : creation of the Bank.
- July 1931 : Ley Monetaria constituted.
- 1935: silver crisis (important increase of the silver price)
