- unanimous decision
- Rates to 8.50% from 7.75%
- Balanec of risks for the trajectory of inflation within the forecast horizon remains significantly to the upside
- The board will thoroughly monitor inflationary pressures
- Forecasts for inflation were revised upward out to Q2 2023 and unchanged afterwards
USD/MXN is through 20.00 today afte stalling there yesterday following the CPI data. Looking at the longer-term chart, the pair still isn't back to pre-covid levels.
USDMXN weekly
