October 4, 2018 / 6:15 PM / 19 days ago

Mexico cenbank holds interest rates steady in divided vote

MEXICO CITY, Oct 4 (Reuters) - Mexico’s central bank held interest rates steady on Thursday, as expected, though one board member voted for a 25 basis points increase and the board said it would maintain a prudent policy stance, the post-meeting statement showed.

A majority of the Bank of Mexico’s five-member board voted to keep the benchmark interest rate steady at 7.75 percent, a 9-1/2 year high. (Reporting by Mexico City newsroom Editing by Michael O’Boyle)

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