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Central Bank Affirms Stability and Resilience of Mexican Financial System

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Mexico’s financial system has a resilient and solid position despite a complex global environment in the first half of 2023, the country’s central bank said on Wednesday during the launch of its financial stability report.

Banxico, as the Bank of Mexico is known, highlighted the difficulties experienced by banks in the United States and Europe earlier this year but did not observe any risk of contagion following these events.

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