Base interest rate of the Bank of Mexico| ��ƽ��

Monetary policy rate in Mexico from 2013 to 2025

Characteristic	Interest rate
March 8, 2013	4%
September 6, 2013	3.75%
October 25, 2013	3.5%
June 6, 20214	3%
December 17, 2015	3.25%
January 1, 2016	3.25%
February 17, 2016	3.75%
June 30, 2016	4.25%
September 29, 2016	4.75%
November 17, 2016	5.25%
December 15, 2016	5.75%
February 9, 2017	6.25%
March 30, 2017	6.5%
May 18, 2017	6.75%
JUne 22, 2017	7%
December 14, 2017	7.25%
February 8, 2018	7.5%
June 21, 2018	7.75%
November 15, 2018	8%
December 20, 2018	8.25%
August 15, 2019	8%
September 26, 2019	7.75%
November 14, 2019	7.5%
December 19, 2019	7.25%
February 13, 2020	7%
March 20, 2020	6.5%
April 21, 2020	6%
May 14, 2020	5.5%
June 25, 2020	5%
August 14, 2020	4.5%
September 25, 2020	4.25%
February 20, 2021	4%
June 25, 2021	4.25%
August 13, 2021	4.5%
October 1, 2021	4.75%
November 12, 2021	5%
December 17, 2021	5.5%
February 12, 202	6%
March 25, 2022	6.5%
May 13, 2022	7%
June 24, 2022	7.75%
August 12, 2022	8.5%
September 30, 2022	9.25%
November 11, 2022	10%
December 16, 2022	10.5%
February 10, 2022	11%
March 31, 2023	11.25%
March 22, 2024	11%
August 9, 2024	10.75%
September 27, 2024	10.5%
November 15, 2024	10.25%
December 20, 2024	10%
February 7, 2025	9.5%

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Release date

February 2025

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Region

Mexico

Survey time period

2013 - 2025

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Mexico's monetary policy rate began a downward path starting in March 2024, which has strengthened in the following months. Regarding 2025, it seems that the guidelines will follow the same direction. In fact, the year has already started with a first cut of 0.50 points to 9.5 percent annually.

The monetary policy rate, also known as the basic interest rate or base rate, is a percentage set by central banks to determine the cost of credit in a given economy. This indicator serves as a guide for other financial institutions to establish their own interest rates, for example, the startups operating in the Mexican fintech sector.