Mexican central bank hikes rates to 6.25% from 5.75% , Mexican central bank acts to get inflation under control If the Mexican peso would stabilize or start moving higher, those kinds of interest rates are awfully tempting. USD/MXN has fallen to 20.33 from 22.00 in the past month and the pair is down quickly on these headlines but most economists expected a 50 bps hike so it's not a big surprise.
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