Bank of Mexico

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Bank of Mexico
Banco de México
Headquarters Mexico City, Mexico
Governor Guillermo Ortiz
Central Bank of Mexico
Currency Mexican peso
ISO 4217 Code MXN
Website banxico.org

The Bank of Mexico (Spanish: Banco de México), abbreviated BdeM or Banxico, is Mexico's central bank and lender of last resort. Banco de México is autonomous in exercising its functions. Banco de México main objective is to achieve stability in the purchasing power of the national currency. Its current governor is Guillermo Ortiz who was appointed in 1998.

[edit] History

  • September 1, 1925 : creation of the Bank.
  • July 1931 : Ley Monetaria constituted.
  • 1935: silver crisis (important increase of the silver price)

[edit] See also

[edit] External links

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