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LatinNews Daily - 19 May 2017

In brief: Mexico

* The central bank (Banxico) has increased its benchmark interest rate by 25 basis points to 6.75%. A Banxico statement said that the decision was unanimously taken by its monetary policy committee due to the persistent external economic uncertainty and to prevent any inflation contagion effect from downside risks in the international economy, among which it identified uncertainty over the direction of US economic policy and growing geopolitical tensions in various regions.

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