International organizations such as the Basel Committee on Banking Supervision and the Financial Stability Board have also been advancing their deliberations on climate-related financial risks, which they consider to be a high-priority issue. III.
However, it is important that creditors as well as debtors remain wary of their FX and interest-rate risk exposures. At the same time, authorities need to remain vigilant in order to ensure that financial markets operate normally at all times. Inflation and monetary policy In the last decade, monetary policy in Mexico has sought the convergence of inflation toward the 3 percent permanent target.