

Mexican Central Bank Governor Agustin Carstens will stand down in July amid rising doubts about the direction of Latin America’s No. 2 economy following the election of Donald Trump as U.S. president, Reuters reported.
The central bank on Thursday announced the impending departure of the 58-year-old Carstens, who has been at the helm of the central bank since 2010 and whose term had been due to conclude at the end of 2021.
Carstens, a former Mexican finance minister and highly respected by international investors, will leave to take the top job at the Bank for International Settlements (BIS) in October for a five-year term, the Basel-based BIS said.

The peso currency MXN=D2, which has been battered by fears surrounding the Trump presidency, weakened more than 1 percent hitting its lowest since mid-November in the aftermath of the election, on the news that Carstens was leaving.
The peso later pared losses to trade down about 0.8 percent.
Carstens’ replacement was not immediately clear, though Mexican Finance Minister Jose Antonio Meade said there would be an orderly transition.
To read complete article click here.
Source: reuters.com
more recommended stories
Fundación Amar works to improve children’s welfare in Southeast Mexico
The foundation today houses 27 children.
Mexico registers 2.3 million domestic workers (International Labor Association)
MEXICO CITY, March 30, 2023.- In.
AMLO says the investigations will determine if there should be resignations at INM
MEXICO CITY. March 30, 2023.- The.
Why A Large Business Should Take The Services Of Fire Watch Guards?
A large business needs smooth operating.
16 images of ‘Santa Muerte’ are found buried in the ground in Maxcanú
Maxcanu, Yucatan; March 6, 2023 .-.
Renán Barrera adds efforts in favor of the most vulnerable groups in Yucatán
As a responsible authority with a.
Honoring Tradition in the Yucatan: Remembering the Past Through Ceremony
Centuries After the Conquest, Mayan Families.
Mérida receives an international distinction for its commitment to biodiversity and the environment
The Mérida City Council, headed by.
The Mayor of Dzemul closes the salt mine affecting more than a dozen women Ejidatarias
In a new dispute over the.
An ocelot is seen walking through the streets of Cansahcab, Yucatan
On 31 x 26 and 28.
Leave a Comment