The Asociación de Bancos de México (ABM) has stated that the temporary managerial intervention by the Comisión Nacional Bancaria y de Valores (CNBV) in CiBanco and Intercam does not pose a systemic risk nor does it affect the stability of the Mexican financial system. Despite recent scrutiny from the Red de Control de Delitos Financieros regarding potential money laundering, the ABM confirmed there are no operational restrictions for these institutions. Meanwhile, inflation in Mexico, particularly in food prices, has been rising, with a 5.1% annual increase in food inflation surpassing the OECD average. The Secretaría de Hacienda y Crédito Público announced that there will be no fiscal stimulus on gasoline prices this week. Currency and commodity markets showed mixed movements: the euro traded at 21.94 pesos, the Mexican oil blend price fell to $63.30 per barrel alongside declines in WTI and Brent prices, Bitcoin dropped 2% to $107,749 per unit, and gold gained 0.11% to $3,346 per ounce.
#AlSonarLaCampana | El #oro registra una ganancia de 0.11% y queda en los 3 mil 346 dólares por onza. 📺: @TonyAguirre10 https://t.co/Oqb1ZMKUPr
#AlSonarLaCampana | #Bitcoin presenta una pérdida de 2% respecto a la cotización de ayer y con ello presenta un precio de 107 mil 749 dólares por unidad. 📺: @TonyAguirre10 https://t.co/pCvvdAwDJW
#AlSonarLaCampana | El precio de la mezcla mexicana cae y llega a los 63.30 dólares por barril, el #WTI y el #BRENT también pierden. 📺: @TonyAguirre10 https://t.co/vzd7UXd60M