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Published on Wednesday, May 20, 2015

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Latam Daily | Banxico lowers its growth forecasts for 2015 and 2016

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Summary

The Mexican Central Bank downgraded its GDP forecasts for 2015 from a range of 2.5% - 3.5% to 2.0% - 3.0% and for 2016 from 2.9% - 3.9% to 2.5% - 3.5%.

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