Overview
- At centenary events in Mexico City, authorities spotlighted the central bank’s autonomy and its role in anchoring price stability.
- Banxico released a limited 10‑peso silver coin (2 ounces, .999 fineness) and temporary legal‑tender banknotes bearing the legend “100 Aniversario 1925–2025.”
- President Claudia Sheinbaum urged broader, responsible lending to households and SMEs and a faster push into digital payments, citing recent moves to raise SME loan guarantees to as much as 80%.
- The reference rate is 7.75% after a 25‑basis‑point cut, and the Governing Board indicated it will consider further reductions at the September 25 meeting.
- Banxico documents and observers highlight persistent challenges that include inflation control, market and exchange‑rate volatility, and adapting to rapid financial‑technology change, including cryptoassets.