Bank of Mexico
The Bank of Mexico, known as Banco de México, is the central bank of Mexico. Established in 1925, its primary role is to maintain the stability of the national currency, the Mexican peso. The bank also manages monetary policy, regulates the financial system, and oversees payment systems to ensure a stable economic environment.
In addition to its monetary responsibilities, the Bank of Mexico plays a crucial role in promoting financial inclusion and transparency. It conducts research on economic trends and provides data to support informed decision-making by the government and the public, contributing to the overall economic development of the country.