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Mexico central bank seen holding key interest rate

Tuesday, March 15, 2016

Mexico's central bank is expected to hold its key lending rate steady on Friday, after its monetary policy meeting, though it could raise borrowing costs in the second quarter, a Reuters poll of analysts showed.

All 15 analysts surveyed said they expect the benchmark interest rate to remain at 3.75 percent, after a surprise rate hike of 50 basis points in February.

Source: Reuters