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Dissemination Standards Bulletin Board Special Data Dissemination Standard (AS PROVIDED TO THE IMF BY THE RESPECTIVE COUNTRY)   Mexico International reserves and foreign currency liquidity Last Posted: Jul-30-2008 Last Certified: Apr-1-2009 Last Updated: Aug-31-2006 Contact Person(s)          Printer Friendly Page   Ms. Hilda Rubio, Banco de México, Ave. Cinco de Mayo # 2, México , , D.F., Mexico C.P. 06059   Phone : 52 55 52372557   Fax : 52 55 52 55 52372659   Email : sidaoui@banxico.org.mx     Mr. Eduardo Campos, (Foreign currency liquidity), Banco de México, Ave. Cinco de Mayo # 2, México D.F., Mexico C.P. 06059   Phone : 52 55 53276681   Fax : 52 55 52278816   Email : sidaoui@banxico.org.mx   Dissemination Formats Summary Methodology Access National Summary Data Page Cross-country comparisons: access the DSBB metadata query facility

The Data: Coverage, Periodicity, and Timeliness
Coverage characteristics	5.1.1 Statistical presentation International reserves: Data are disseminated in millions of U.S. dollars on total gross international reserves of the central bank. The data include foreign exchange and gold owned by the Banco de Mexico that is completely unencumbered and available without restriction; reserve position in the International Monetary Fund; foreign exchange from financing provided for exchange control purposes by the International Monetary Fund and other international organizations providing financial cooperation or forming groups of central banks, from central banks, and from other financial authorities. Foreign exchange receivable from sales of domestic currency is not included. Foreign exchange and gold liabilities (vis-à-vis residents and nonresidents) is deducted, except for those with maturities of over six months at the time the reserve is estimated, and liabilities deriving from the above-mentioned financing obtained for exchange control purposes. Gold is valued daily according to the average price in the London market. Reserves template: Data are compiled according to the Operational Guidelines for the Data Template on International Reserves and Foreign Currency Liquidity of the IMF (October 1999).
Periodicity	4.1.1 Periodicity International reserves: Weekly Reserves template: Monthly.
Timeliness	4.1.2 Timeliness International reserves: Two business days after each Friday and after month-end. Reserves template: Within one month after the end of the reference month.
Access by the Public
Advance dissemination of release calendar	5.1.3 Advance release calendar An advance release calendar giving one-quarter ahead notice of the precise release dates is dissseminated on the Dissemination Standards Bulletin Board of the IMF (http://dsbb.imf.org).
Simultaneous release to all interested parties	5.1.4 Simultaneous release International reserves: Simultaneous availability to all users through the press release "Boletin Semanal sobre el Estado de Cuenta del Banco de México" (Weekly Bulletin on the Account Statement of the Bank of Mexico), available in Spanish only. The public can also obtain a copy from the Banco de México's Internet website (http://www.banxico.org.mx/fBoletines/Boletines/frDisplayDefault.html) Reserves template:The data are released simultaneously to all interested parties through the Data Template on International Reserves and Foreign Currency Liquidity, which is posted on the Banco México Internet website (www.banxico.org.mx/sie/cuadros/ing/CF109.asp)
Integrity
Dissemination of terms and conditions under which official statistics are produced, including those relating to the confidentiality of individually identifiable information	0.1.1 Responsibility for collecting, processing, and disseminating statistics Banco de México The Banco of México is an autonomous body which operates under the Banco de México Law of December 1993. The law authorizes the Banco de México to publish economic and financial statistics. Article 62 (1) states the following: " The Banco de México shall be entitled, in conjunction with other competent authorities, to prepare, collect, and publish economic and financial statistics, operate information systems based thereon, and collect the data necessary for such purposes." International reserves and foreign currency liquidity The Banco de Mexico disseminates data on international reserves as a service to the public. 0.1.2 Data sharing and coordination among data producing agencies Banco de México The Banco de México has ensured sufficient information interchange with other public agencies and private entities, through both, formal (primarily the establishment of committees) and informal (working meetings) arrangements. 0.1.3 Confidentiality of individual reporters' data Banco de México Data are provided in aggregated form. Confidentiality is maintained with respect to institutions, individuals, and enterprises. 0.1.4 Ensuring statistical reporting Banco de México The Law makes it mandatory for financial institutions to report to the Banco de México any data on their operations and spells out the penalties to be applied for noncompliance. There is continuous communication between the Banco de México and reporting entities to solve noncompliance problems and the Banco de México provides adequate support for the preparation of information returns. 0.2.1 Staff, facilities, computing resources, and financing Banco de México Banco de México has human, financial, and information technology resources to compile the statistics for which it is responsible. 0.3.1 Monitoring user requirements Banco de México Banco de México does not conduct regular user surveys. However, includes at the Website a comments and/or suggestions page. 0.4.1 Quality policy Banco de México A quality assurance system has been established (under the ISO 9001:2000 Quality Certification) in several statistical categories. 0.4.2 Quality monitoring Banco de México The ISO 9001:2000 Quality Certification includes an audit program in accordance with a preestablished schedule. 1.1.1 Impartiality of statistics Banco de México The legal framework governing the Banco de México ensures the autonomy of staff members assigned to the compilation of statistics and professional competence. 1.1.2 Selection of sources, methodology, and modes of dissemination Banco de México The selection of data sources is dictated purely by statistical considerations. 1.1.3 Commenting on erroneous interpretation and misuse of statistics Banco de México Banco de México holds periodic meetings with the media to avoid erroneous interpretations of statistics and, in major cases, of improper interpretation. 1.2.1 Disclosure of terms and conditions for statistical collection, processing, and dissemination Banco de México The Banco de México Law is published only in Spanish, a print version is included in the 1993 Annual Report. It is also available on the Internet website, click here . An unofficial English translation is available on the Internet website of the Banco de México, click here. 1.3.1 Guidelines for staff behavior Banco de México The Banco de México Law states that Banco de México staff members are subject to the provisions of the Federal Law on the Administrative Responsibilities of Civil Servants. In addition, the Banco de México has drawn up General Terms of Employment. It also sets up committees on specific topics, with the participation of staff from the various Banco de México departments, to deal with cases of noncompliance with the rules.
Identification of internal government access to data before release	1.2.2 Internal governmental access to statistics prior to release Banco de México Banco de México does not give any national authority access to the statistics before their release. International reserves and foreign currency liquidity No government employee outside of the Banco de México has access to the data prior to their publication.
Identification of ministerial commentary on the occasion of statistical releases	1.2.3 Attribution of statistical products Banco de México Banco de México identifies itself as a statistics-producing agency in monetary and consumer price statistics. Banco de México identifies itself as a statistics-disseminating agency in exchange rate, interest rate and stock market statistics.   International reserves and foreign currency liquidity Data are released without ministerial commentary.
Provision of information about revision and advance notice of major changes in methodology	4.3.1 Revision schedule The data are preliminary  when first released. 1.2.4 Advance notice of major changes in methodology, source data, and statistical techniques. Banco de México Banco de México announces in advance methodological statistical techniques or source data change it uses. International reserves and foreign currency liquidity The usual practice concerning any change in methodology is to publish a press bulletin on the Banco de Mexico website prior to or at the time of the change.
Quality
Dissemination of documentation on methodology and sources used in preparing statistics	5.2.1 Dissemination of documentation on concepts, scope, classifications, basis of recording, data sources, and statistical techniques The methodology for calculating international reserves was described in the Banco de México's Law, and that for calculating net international assets was described in the press release "Boletin Semanal sobre el Estado de Cuenta del Banco de México available on the Internet website in Spanish (http://www.banxico.org.mx/ under "Boletines de Prensa"). (See also summary methodology)
Dissemination of component detail, reconciliations with related data, and statistical frameworks that support statistical cross-checks and provide assurance of reasonableness	4.2.1 Internal consistency Component detail is available for gold, foreign exchange, SDRs and reserve position in the IMF. 4.2.2 Temporal consistency Historical series of Banco de México resources and liabilities are published in "Indicadores Económicos."
Country Notes:
Footnotes Last posted: Date IMF staff last posted an update to these metadata on the DSBB. Last certified: Date subscriber last officially certified the accuracy of these metadata. Last updated: Date subscriber last submitted an update of these metadata to the IMF.