Editing Economy of Mexico (section)

====Banco de México====
[[File:Banco de México - panoramio (1).jpg|thumb|right|Banco de México headquarters]]
{| style="width: 22em; font-size: 85%; text-align: left;" class="wikitable floatright"
|+Financial indicators
|-
!  style="text-align:left; background:#f0f0f0; vertical-align:top;"|Currency exchange rate
|  style="background:#f0f0f0; vertical-align:top;"| 17.08 MXN per US$1 (February 27, 2024)
|-
!  style="text-align:left; vertical-align:top;"|Reserves
|valign="top"| US $214.413 billion (2023) <ref>{{cite web|url= https://www.banxico.org.mx/SieInternet/consultarDirectorioInternetAction.do?accion=consultarCuadro&idCuadro=CF456&locale=es|title= Reporte sobre las Reservas Internacionales y la Liquidez en Moneda Extranjera - (CF456)|access-date= February 27, 2024|language= es|archive-date= February 27, 2024|archive-url= https://web.archive.org/web/20240227073817/https://www.banxico.org.mx/SieInternet/consultarDirectorioInternetAction.do?accion=consultarCuadro&idCuadro=CF456&locale=es|url-status= live}}</ref>
|-
!  style="text-align:left; background:#f0f0f0; vertical-align:top;"|Government budget
|  style="background:#f0f0f0; vertical-align:top;"| US $196.5&nbsp;billion (revenues)
|-
!  style="text-align:left; vertical-align:top;"|Public debt
|valign="top"| 20.7% of GDP (2006)
|-
!  style="text-align:left; background:#f0f0f0; vertical-align:top;"|External debt
|  style="background:#f0f0f0; vertical-align:top;"| US $178.3&nbsp;billion (2006)
|-
!  style="text-align:left; vertical-align:top;"|Bank funding rate
|valign="top"| 5.25% (May 15, 2009)
|}
[[Bank of Mexico|Banco de México]] is Mexico's [[central bank]], an internally autonomous public institution whose governor is appointed by the [[president of Mexico|president]] and approved by the legislature to which it is fully responsible. Banco de México's functions are outlined in the 28th article of the [[Constitution of Mexico|constitution]] and further expanded in the Monetary Law of the United Mexican States.<ref>{{cite web |url=http://www.diputados.gob.mx/LeyesBiblio/pdf/152.pdf |title=Ley Monetaria de los Estados Unidos Mexicanos |access-date=May 29, 2007 |language=es |archive-date=September 20, 2018 |archive-url=https://web.archive.org/web/20180920154553/http://www.diputados.gob.mx/LeyesBiblio/pdf/152.pdf |url-status=live }}</ref> Banco de México's main objective is to achieve stability in the purchasing power of the national currency. It is also the [[lender of last resort]].