Navigation
Suscribe
Menu Search Facebook Twitter
Search Close
Menu ALL SECTIONS
  • Capital Coahuila
  • Capital Hidalgo
  • Capital Jalisco
  • Capital Morelos
  • Capital Oaxaca
  • Capital Puebla
  • Capital Quintana Roo
  • Capital Querétaro
  • Capital Veracruz
  • Capital México
  • Capital Michoacán
  • Capital Mujer
  • Reporte Índigo
  • Estadio Deportes
  • The News
  • Efekto
  • Diario DF
  • Capital Edo. de Méx.
  • Green TV
  • Revista Cambio
Radio Capital
Pirata FM
Capital Máxima
Capital FM
Digital
Prensa
Radio
TV
X
Newsletter
Facebook Twitter
X Welcome! Subscribe to our newsletter and receive news, data, statistical and exclusive promotions for subscribers
Mexico

Banxico Endorses Rise in Gas Prices

Carstens believes that the change of the gasoline prices will soon translate into growth for the energy market and more options for the consumer

Facade of Banxico, photo: Cuartoscuro/Moisés Pablo
11 months ago

Head of Mexico’s Central Bank (Banxico) Agustín Carstens made a statement in support of the rise in gasoline prices.

“With regards to the rise in gasoline prices, I would like to reiterate that Banxico and I, in particular, believe that it is an appropriate action, part of structural reforms, and something that has been under consideration for decades,” he said.

Carstens believes that the change of the gasoline prices will soon translate into growth for the energy market and ultimately, more options for the consumer. However, he also admitted that in 2017, Banxico will have to be attentive to the price changes in order to avoid adverse effects to the economy.

Carstens underscored that despite the social discontent, the decision to open the gasoline market is an important and necessary one.

Comments Whatsapp Twitter Facebook Share
More From The News
Business

Snow disrupts road, air travel in Englan ...

2 days ago
Business

German intelligence warns of increased C ...

2 days ago
Living

Pope urges nuclear disarmament, climate- ...

2 days ago
Latest News

Snow exits South, marches toward Northea ...

3 days ago
Most Popular

Dutch town tests driverless buses

By The Associated Press
Business

Up to 90 Million More Takata Airbag Infl ...

By The Associated Press
Business

Facebook launches "Reactions" worldwide

By The News
Business

Meade: Poverty is the Greatest Challenge ...

By Lázaro González
Business

Cuba to Lift Penalty on Dollar but Warns ...

By The Associated Press
Business