Mexico cenbank holds interest rate, flags worsening growth

jueves 11 de agosto de 2016 14:25 GYT
 

MEXICO CITY Aug 11 (Reuters) - Mexico's central bank held borrowing costs steady on Thursday, flagging a weaker growth outlook after aggressively hiking rates in its prior decision to keep a depreciated peso from hitting inflation.

The Banco de Mexico left its key rate at 4.25 percent, as expected by all 17 analysts surveyed by Reuters last week, after a unanimous 50-basis-point hike in June. (Reporting by Alexandra Alper)