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Published on Thursday, March 17, 2016 | Updated on Friday, March 18, 2016

Mexico | Fondeo rate unchanged at 3.75%

The synchronization of rate movements between Banxico and the Fed is the most likely scenario at the outlook of maintaining the current spread with the federal funds rate. It is expected that the next hike of the benchmark rate takes place by the second half of the year in sync with a rise of the federal funds rate