[ad_1]
CITY OF MEXICO. (Notimex) .- The international reserves of the country added two weeks to the increase, recording a balance of 173 thousand 211 million dollars on June 29 this year, which means a weekly increase of 34 million
The Banco de México (Banxico) reports that the increase in international reserves, from 25 to 29 June, is mainly due to the change in the valuation of its international assets.
As of June 29, international reserves have grown by $ 410 million compared to the end of 2017, he added to the central bank in the weekly bulletin on his account statement.
He explained that the monetary base (banknotes and coins in circulation and bank deposits in current account in Banxico) increased by 17 thousand 119 million pesos, reaching a balance of one billion 534 thousand 342 million pesos, a figure The annual rate of 12.2%
The figure reached by the monetary base as at 29 June resulted in a decrease of 11 thousand 592 million pesos during the year 2018, and it is estimated that this behavior is consistent with the seasonal trend of
During the week ended June 29, the Bank of Mexico conducted open market operations with banking institutions to compensate for the expansion net cash of 27 thousand 975 million pesos.
He stated that this was the result of an expansion due to the withdrawal of resources from the federal treasury account and other operations for 45 thousand 094 million pesos and a contraction for 17 thousand 119 million pesos because of the greater demand for banknotes and coins by the public.
[ad_2]
Source link
