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Banxico Marks 100 Years With Commemorative Currency as Sheinbaum Presses for Wider Credit and Digitalization

Officials will evaluate additional easing after lowering the rate to 7.75%.

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.