Bank of Mexico

Bank of Mexico
Banco de México
Headquarters2, 5 de Mayo Ave.
Alc. Cuauhtémoc, Mexico City
Coordinates19°26′06″N 99°08′26″W / 19.434893°N 99.140427°W / 19.434893; -99.140427
EstablishedSeptember 1, 1925 (1925-09-01)
GovernorVictoria Rodríguez Ceja
Central bank ofMexico
CurrencyMexican peso
MXN (ISO 4217)
ReservesUS$225.43 billion
Interest rate target9,00%
Websitewww.banxico.org.mx
Employees             2,708

The Bank of Mexico (Spanish: Banco de México), abbreviated BdeM or Banxico, is Mexico's central bank, monetary authority and lender of last resort. The Bank of Mexico is autonomous in exercising its functions, and its main objective is to achieve stability in the purchasing power of the national currency.