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Mexico Said to Bring Forward Rate Decision to Cut Risk of Leaks

The Mexican central bank’s decision to bring forward interest rate announcements was designed to limit the possibility of information leaks following its monetary policy meetings, said a person familiar with the discussions.

Banco de Mexico announced in November that it will publish this month’s rate decision at 1 p.m. on Thursday, Jan. 29, ending a practice of Friday morning releases that has been the norm since it adopted the overnight rate as its benchmark in 2008. The bank is also considering holding news conferences after rate decisions, according to the person, who wasn’t authorized to discuss central bank procedure.