© Reuters. Mexico’s Central Financial institution Governor Victoria Rodriguez Ceja poses for a photograph after an interview with Reuters on the annual banking conference, in Acapulco, Mexico March 25, 2022. REUTERS/Javier Verdin/File Picture
MEXICO CITY (Reuters) – Mexico’s monetary system has a resilient and stable place regardless of a posh world outlook, central financial institution Governor Victoria Rodriguez mentioned on Wednesday.
The banking system for Latin America’s No. 2 financial system confirmed resiliency in stress assessments probing its solvency and liquidity, the Financial institution of Mexico’s monetary stability report mentioned.
Dangers to Mexico’s monetary stability embrace the potential of an additional slowdown within the world financial system and an sudden scores downgrade for the nation’s sovereign debt or state oil agency Pemex .
Banxico, because the central financial institution is understood, additionally pointed to dangers from cyber-attacks rising from the wars in Ukraine and the Center East, and mentioned it will maintain its cyber alert stage at “yellow.”
