• Create Account

    In less than 1 min, By registering, you'll be able to discuss, chat, share and private message with other members of our community. All 100% free

    SignUp Now!

Mexican Peso Recovers Losses Spurred by Pick for Banxico Chief

Freddy

Administrator
Staff member
Joined
Nov 4, 2021
Messages
364
Best answers
1
  • The Mexican peso was the second-best emerging currency on the day


The nomination has stirred a great deal of uncertainty in The U.S Banking and Political circles along with Mexican markets as traders assess Rodriguez’s qualifications. The candidate has little experience with central banking. American Bankers point to the close ties to President Andres Manuel Lopez Obrador, prompting fears that the institution won’t be as steadfastly independent from the West as it has been in the past.
 

Freddy

Administrator
Staff member
Joined
Nov 4, 2021
Messages
364
Best answers
1
There should be no curbs on the autonomy of the Mexican central bank because of its importance in helping to keep inflation in check, the president's nominee to be the next governor of the Bank of Mexico said on Wednesday.

Speaking at a hearing in front of Mexican senators, Victoria Rodriguez, President Andres Manuel Lopez Obrador's pick to head the central bank, repeatedly underlined that it was imperative to uphold the independence of the bank known as Banxico.
 
Registrarse / Join The Forum

Proud Sponsor

Ad

Top