Mexico interest rate: Bank of Mexico policy rate
The Bank of Mexico policy rate is 6.50%, in force since May 8, 2026. Source: Bank for International Settlements, data to Oct 27, 2026. Cut from 6.75% on May 8, 2026.
Rate changes
| Since | Policy rate | Change (percentage points) |
|---|---|---|
| May 8, 2026 | 6.50% | -0.25 |
| Mar 27, 2026 | 6.75% | -0.25 |
| Dec 19, 2025 | 7.00% | -0.25 |
| Nov 7, 2025 | 7.25% | -0.25 |
| Sep 26, 2025 | 7.50% | -0.25 |
| Aug 8, 2025 | 7.75% | -0.25 |
| Jun 27, 2025 | 8.00% | -0.50 |
| May 16, 2025 | 8.50% | -0.50 |
| Mar 28, 2025 | 9.00% | -0.50 |
| Feb 7, 2025 | 9.50% | -0.50 |
| Dec 20, 2024 | 10.00% | -0.25 |
| Nov 15, 2024 | 10.25% | -0.25 |
| Sep 27, 2024 | 10.50% | -0.25 |
| Aug 9, 2024 | 10.75% | -0.25 |
| Mar 22, 2024 | 11.00% | -0.25 |
| Mar 31, 2023 | 11.25% | +0.25 |
| Feb 10, 2023 | 11.00% | +0.50 |
| Dec 16, 2022 | 10.50% | +0.50 |
| Nov 11, 2022 | 10.00% | +0.75 |
| Sep 30, 2022 | 9.25% | +0.75 |
| Aug 12, 2022 | 8.50% | +0.75 |
| Jun 24, 2022 | 7.75% | +0.75 |
| May 13, 2022 | 7.00% | +0.50 |
| Mar 25, 2022 | 6.50% | +0.50 |
| Feb 11, 2022 | 6.00% | +0.50 |
| Dec 17, 2021 | 5.50% | +0.50 |
| Nov 12, 2021 | 5.00% | +0.25 |
| Oct 1, 2021 | 4.75% | +0.25 |
| Aug 13, 2021 | 4.50% | +0.25 |
| Jun 25, 2021 | 4.25% | +0.25 |
| Feb 12, 2021 | 4.00% | -0.25 |
| Sep 25, 2020 | 4.25% | -0.25 |
| Aug 14, 2020 | 4.50% | -0.50 |
| Jun 25, 2020 | 5.00% | -0.50 |
| May 14, 2020 | 5.50% | -0.50 |
| Apr 21, 2020 | 6.00% | -0.50 |
| Mar 20, 2020 | 6.50% | -0.50 |
| Feb 13, 2020 | 7.00% | -0.25 |
| Dec 19, 2019 | 7.25% | -0.25 |
| Nov 14, 2019 | 7.50% | -0.25 |
| Sep 26, 2019 | 7.75% | -0.25 |
| Aug 15, 2019 | 8.00% | -0.25 |
| Dec 20, 2018 | 8.25% | +0.25 |
| Nov 15, 2018 | 8.00% | +0.25 |
| Jun 21, 2018 | 7.75% | +0.25 |
| Feb 8, 2018 | 7.50% | +0.25 |
| Dec 14, 2017 | 7.25% | +0.25 |
| Jun 22, 2017 | 7.00% | +0.25 |
| May 18, 2017 | 6.75% | +0.25 |
| Mar 30, 2017 | 6.50% | +0.25 |
| Feb 9, 2017 | 6.25% | +0.50 |
| Dec 15, 2016 | 5.75% | +0.50 |
| Nov 17, 2016 | 5.25% | +0.50 |
| Sep 29, 2016 | 4.75% | +0.50 |
| Jun 30, 2016 | 4.25% | +0.50 |
| Feb 17, 2016 | 3.75% | +0.50 |
| Jan 1, 2016 | 3.25% | — |
Source: Bank for International Settlements (BIS), central bank policy rates, updated daily. The rate shown is the one each central bank uses to signal its policy.
Frequently asked questions
What is the interest rate in Mexico?
The Bank of Mexico policy rate is 6.50% (since May 8, 2026).
When did the Bank of Mexico last change its policy rate?
On May 8, 2026, from 6.75% to 6.50%.
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