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Eurasia See Banxico Board Weakened By Newly Appointed Member

MEXICO
  • MEXICO'S CENTRAL BANK BOARD WEAKENED BY NEW MEMBER: EURASIA (BBG)
  • NEW BANXICO BOARD MEMBER LITTLE KNOWN, 'INEXPERIENCED'
  • BANXICO'S MEJIA LIKELY TO FOLLOW RODRIGUEZ, BORJA
  • For reference, newly appointed board member Mejia became Deputy Governor Galia Borja’s adviser in 2019 and has a similar career trajectory as her and board member Irene Espinosa. It has been touted that may point to him being slightly more aligned with the board majority, in comparison to his relatively dovish predecessor.

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