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Latinnews Daily - 09 February 2018

In brief: Mexico

* Mexico’s central bank (Banxico) has increased its benchmark interest rate by 25 basis points to 7.5%, after inflation rose towards the end of 2017 due to higher food and gasoline prices and a weaker peso. The monetary policy committee made the unanimous decision to increase the benchmark interest rate given the uncertain outlook for 2018 surrounding the North American Free Trade Agreement (Nafta) renegotiations and Mexico's 1 July general election.

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