What is Banxico's target rate?

The target rate is the reference interest rate set by Banco de México to guide market interest rates. It is a key monetary policy tool.

What is TIIE and what is it used for?

TIIE (Interbank Equilibrium Interest Rate) is the rate at which banks lend money to each other. It is used as a reference for mortgages, credit cards, and other financial products.

Cetes (Federal Treasury Certificates) are debt instruments issued by the Mexican government. They are considered a safe investment and their yield serves as a market reference.

Mexico Economic Indicators

Official data from Banco de México updated daily

USD/MXN FIX

16.9560

View history

Cetes 28 days

SF60633

6.4900 %

01 Sep 2026

— 0.00%

Federal Treasury Certificates at 28 days. Government debt instrument.

International Reserves

SF43707

MUSD

258,564.10 MUSD

28 Aug 2026

— 0.00%

International reserves of Banco de Mexico in millions of US dollars.

Target Interest Rate

SF61745

6.5000 %

06 Sep 2026

— 0.00%

Reference interest rate set by Banco de Mexico to guide market rates.

TIIE 28 days

SF60648

6.7458 %

07 Sep 2026

— 0.00%

Interbank Equilibrium Interest Rate at 28 days. Reference for mortgages and credit cards.

TIIE 91 days

SF60649

6.7829 %

07 Sep 2026

— 0.00%

Interbank Equilibrium Interest Rate at 91 days.

What is TIIE?

TIIE (Interbank Equilibrium Interest Rate) is the rate at which banks lend to each other. It is a reference for mortgage loans, auto loans and credit cards.

What is the FIX exchange rate?

The FIX exchange rate is determined by Banxico based on wholesale foreign exchange market quotes. It is published each business day at 12:00 PM and is used to settle dollar operations.

Need to convert dollars to pesos?

Convert USD to MXN View history FIX