ABM does not see Banxico’s autonomy at risk


Acapulco, Gro.- The Association of Banks of Mexico (ABM) does not see any risk that the autonomy of the Bank of Mexico could be affected (Banxico).

The foregoing, after President Andrés Manuel López Obrador, anticipated the central bank, and reported in his morning conference, a new rise in the reference rate.

In a conference on the occasion of the 85th Banking Convention, Daniel Becker, president of the ABM, explained that the union has been very respectful of Banxico’s autonomy and has made its position on the matter very clear.

The leader of the bankers did not want to elaborate on the information released by the Chief Executive on the rise in central bank ratesuntil you have more details. This afternoon, at the opening of the convention, there will be both the President of the Republic and the Governor of Banxico, Victoria Rodríguez.

Becker Feldman elaborated that he has had the opportunity to meet on a couple of occasions with the new governor of the central bank, and that she has expressed the agency’s autonomy.

Rodrigo Brand, executive president of the ABM, stressed that for the association, Banxico’s autonomy is a fundamental pillar for economic stability, and that is what must be taken into account.

“The ABM believes in the autonomy of the Bank of Mexico, as a fundamental thread, and that is what we have to defend,” he said.

Meanwhile, Raúl Martínez Ostos agreed that autonomy is the backbone of the central bank.



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