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FX.co ★ Banxico Trims Key Rate to 6.75% in March, Marking First Cut Since January

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typeContent_19130:::2026-03-26T19:00:00

Banxico Trims Key Rate to 6.75% in March, Marking First Cut Since January

Mexico’s central bank lowered its benchmark interest rate to 6.75% in March 2026, trimming it from 7.00% last set in January 2026. The move marks a modest easing in monetary policy after the rate had been held at 7.00%, signaling a cautious shift in stance.

The March decision takes place against a backdrop in which policymakers appear to be seeking a balance between supporting economic activity and maintaining price stability. By reducing the key rate by 25 basis points, authorities have opened the door to a potentially more accommodative environment while still keeping borrowing costs relatively elevated.

The updated figure of 6.75%, confirmed as of 26 March 2026, will be closely watched by markets and businesses as they assess the impact on financing conditions, investment plans, and broader economic momentum in Mexico over the coming months.

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