Information structure details

International Assets, Net Internal Credit and Monetary Base (Weekly)

(A) Monetary Base

1,496,385.8

1,498,848.4

1,505,940.3

(B) Net International Assets (Pesos) 1/

3,413,091.9

3,442,153.3

3,532,516.5

Net International Assets (U.S. Dollars) 2/

177,749.5

177,853.2

177,229.3

-1,916,706.1

-1,943,304.9

-2,026,576.2

Memorandum:

(D) International Reserve (U.S. Dollars) 3/

173,060.0

173,111.4

172,912.9

Effective flows in millions, accumulated in the year

(A) Monetary Base

-49,548.5

-47,085.9

-39,994.0

(B) Net International Assets (Pesos) 4/

43,433.2

45,455.6

33,202.1

Net International Assets (U.S. Dollars)

2,270.8

2,374.5

1,750.6

-92,981.7

-92,541.5

-73,196.1

Note:

1/ Before June 20th of 1997 gold holdings and IMF liabilities of Banco de México were revalued only at the end of each year, based on the international gold price and the U.S.dollar/SDR exchange rate of December 31st. From June 20th of 1997 on, these liabilities and the gold converted using the U.S. dollar/SDR exchange rate and the gold price corresponding to the date reported.

2/ The net international assets is defined as the gross international assets deducting the Bank of Mexico's liabilities vis-a-vis the International Monetary Fund (IMF) and the short-term (under 6 months) liabilities stemming from agreements with central banks.

3/ Defined according to Banco de México's Law.

4/ The effective flows of the net international assets in domestic currency are constructed using the exchange rate applied in each transaction. The difference in the balance of net international assets expressed in domestic currency, does not correspond to the effective flow concept, given that balances are valued according to the exchange rate corresponding to the date reported. This consideration also explains the fact that differences in net domestic credit balances do not equal reported effective flows.