Mexico central bank raises benchmark interest rate to 9.25% from 8.50%

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Mexico central bank raises benchmark interest rate to 9.25% from 8.50%

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    The Mexico central bank, Banxico, said the board was unanimous on the rate decision where it raised the benchmark interest rate to 9.25% from 8.50%.

    Meanwhile, USD/MXN is 0.25% bid on the day at 20.1570.

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