Market
What will be the MXN/USD exchange rate by December 31, 2025?
4
Resolution / Starting Odds
Below 18 MXN/USD • 25%
18-20 MXN/USD • 25%
20-22 MXN/USD • 25%
Above 22 MXN/USD • 25%
Exchange rate data from Bank of Mexico or credible financial data providers
Story
Bank of Mexico Cuts Interest Rate by 25 Basis Points to 10% Effective December 20 Amid Slowing Inflation
Dec 19, 2024, 07:14 PM
The Bank of Mexico (Banxico) has unanimously decided to cut its benchmark interest rate by 25 basis points to 10.00%, effective December 20, 2024. This reduction marks the fourth consecutive cut for the central bank, which has now lowered rates five times throughout the year. The decision reflects a slowing inflation rate, with expectations that inflation will reach the target of 3% by the third quarter of 2026. Banxico's current rate is the lowest it has been since 2022. The central bank's actions indicate a cautious approach moving forward, particularly as inflationary pressures in the services sector remain a concern, potentially affecting future rate decisions in 2025.
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20.00 to 20.50 • 25%
Above 21.00 • 25%
20.51 to 21.00 • 25%
Below 20.00 • 25%
Below 7.00 • 25%
7.00 to 7.25 • 25%
7.26 to 7.50 • 25%
Above 7.50 • 25%
120 to 130 JPY/USD • 25%
130 to 140 JPY/USD • 25%
More than 140 JPY/USD • 25%
Less than 120 JPY/USD • 25%
Above 160 • 25%
Below 150 • 25%
150 to 155 • 25%
155 to 160 • 25%
Other • 25%
Dollar weakens • 25%
Dollar remains stable • 25%
Dollar strengthens • 25%
Weakened by 5% or more • 25%
Strengthened by 5% or more • 25%
Weakened by 10% or more • 25%
Remains within 5% of current level • 25%
Above 7.70 • 25%
7.30 to 7.50 • 25%
Below 7.30 • 25%
7.51 to 7.70 • 25%
Below 4.5 • 25%
5.0 to 5.49 • 25%
4.5 to 4.99 • 25%
5.5 or higher • 25%
151 to 155 yen per dollar • 25%
Above 155 yen per dollar • 25%
145 to 150 yen per dollar • 25%
Below 145 yen per dollar • 25%
Depreciates by more than 5% • 25%
Appreciates by more than 5% • 25%
Appreciates by up to 5% • 25%
Depreciates by up to 5% • 25%
Below R$5 • 25%
R$5 to R$5.5 • 25%
Above R$6 • 25%
R$5.51 to R$6 • 25%
155-160 • 25%
Below 150 • 25%
Above 160 • 25%
150-155 • 25%