The Bank of Mexico is keeping the country’s key interest rates steady at 4.5 percent, a move that is in contrast with the decision of other emerging countries such as Brazil, China and India to raise their interest rates.

    About the author

    • Ivy Mungcal

      As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.