Mexico’s second-quarter GDP growth was lower than expected at 0.8% quarter-on-quarter. As a result, the US dollar to Mexican peso exchange rate increased to 16.8508. Additionally, Banxico decided to keep interest rates at 11.25%.

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Mexico's second-quarter GDP growth was lower than expected at 0.8% quarter-on-quarter. As a result, the US dollar to Mexican peso exchange rate increased to 16.8508. Additionally, Banxico decided to keep interest rates at 11.25%.

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