Central Bank RatesMexico policy rate in 2008 (7 changes)
Start of year7.57%
End of year8.25%Dec 31, 2008
Net change+68 bp4 hikes, 3 cuts
Average7.881%
Rank by level11 / 38
Changes in 2008
| Date | From | To | Change |
|---|---|---|---|
| Jan 2, 2008 | 7.57% | 7.51% | cut -6 bp |
| Jan 8, 2008 | 7.51% | 7.50% | cut -1 bp |
| Jan 14, 2008 | 7.50% | 7.51% | hike +1 bp |
| Jan 21, 2008 | 7.51% | 7.50% | cut -1 bp |
| Jun 20, 2008 | 7.50% | 7.75% | hike +25 bp |
| Jul 18, 2008 | 7.75% | 8.00% | hike +25 bp |
| Aug 15, 2008 | 8.00% | 8.25% | hike +25 bp |
Compared with other areas at the end of 2008
18%
17.75%
15%
13.75%
13%
11.5%
10.25%
10%
9.5%
9.25%
8.25%
8.25%
7%
6.5%
6.5%
5.5%
5.31%
5%
5%
4.25%
3.75%
3.75%
3.5%
3.25%
3%
3%
2.75%
2.5%
2.5%
2.5%
2.25%
2%
2%
1.5%
0.5%
0.5%
0.125%
0.1%
Year-end rate over time
6.5%
7%
10%
11.25%
10.5%
5.5%
4.25%
7.25%
8.25%
7.25%
5.75%
3.25%
3%
3.5%
4.5%
4.5%
4.5%
4.5%
8.25%
7.57%
7.02%
8.27%
8.75%
6.12%
8.25%
8.04%
18.79%
2008: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.