Mexico’s foreign reserves rose by $25 million last week to $176.57 billion, the Bank of Mexico said.
Foreign reserves grew by $13.06 billion from Jan. 1 to Dec. 27, 2013, the central bank said in a statement.
The rise in reserves was caused by an increase in the value of assets held by the central bank.
The money supply expanded by 1.73 billion pesos (about $134 million) to 921.21 billion pesos (some $70.86 billion) last week, an annualized growth rate of 7.6 percent, the Bank of Mexico said.
The money supply increased by 75.19 billion pesos (about $5.78 billion) from Jan. 1 to Dec. 27, 2013, the central bank said.