Banco de México
From Wikipedia, the free encyclopedia.

Banco de Mexico (BdeM) is Mexico's central bank. Guillermo Ortiz is governor of the bank since 1998

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%

External links

• http://www.banxico.org.mx/

See also: Economy of Mexico

The original article can be found at: http://en.wikipedia.org/wiki/Banco_de_México.
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