The Pesky Toad Logo

The Pesky Toad

The Pescadero Perspective

This story has rotated off the live feed but the permalink stays available for sharing and search.

news El Sudcaliforniano 2026-05-01

Banxico Will Not Deliver Surplus to Sheinbaum Due to Exchange Rate

Mexico's central bank, Banxico, will not transfer its operational surplus to the federal government this year, which would typically be directed towards debt reduction. This decision is attributed to the recent behavior of the exchange rate. The lack of a surplus transfer affects national fiscal planning.


Por ley, estos recursos se destinan en su mayoría a reducir deuda, pero en esta ocasión no habrá transferencia debido al comportamiento del tipo de cambio

Support Your Local Toad

The Pesky Toad is free and ad-light. If you find it useful, toss a few pesos in the tip jar to help keep the servers running and the satire flowing.

$

MXN · Minimum $10