Mexico's central bank leaves policy unchanged for the 24th consecutive meeting, its benchmark...

|By:, SA News Editor

Mexico's central bank leaves policy unchanged for the 24th consecutive meeting, its benchmark rate remaining at 4.5%. The bank is more concerned with slowing growth rather than a "transitory" recent rise in inflation as the peso weakened along with other emerging market currencies in 2011 H2. Mexico ETF: EWW +6.4% YTD.