Mexico cenbank unanimous in keeping rates on hold, eyes risks to growth
MEXICO CITY Dec 20 (Reuters) - Mexico's central bankers were unanimous in their decision to hold interest rates at a record low earlier this month, minutes released on Friday showed, but policymakers warned about persistent risks to growth.
Central Bank board members voted 5-0 at their Dec 6 meeting to hold their benchmark rate at 3.50 percent after cuts in October and September that were aimed at countering a sharp slowdown in Latin America's no. 2 economy.
A majority of the board also said there was a risk of exchange rate depreciation due to financial market volatility.