Fx denominated loans as a share of bank loans reached 24.7% in fourth quarter of 2023 in Mexico, according to the National Central Bank. This is 8.58% less than in the previous quarter.
Historically, FX denominated loans as a share of bank loans in Mexico reached an all time high of 45.1% in 4Q2005 and an all time low of 17.5% in 2Q2007.
Mexico has been ranked 20th within the group of 45 countries we follow in terms of FX denominated loans as a share of bank loans.
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