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Mexico's central bank chief resigns, sending peso on its latest plunge since Trump's US presidential victory

Thursday, December 1, 2016 13:31
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(Before It's News)

Mexico City (AFP) – Mexico's central bank chief Agustin Carstens resigned Thursday, officials said, sending the peso on its latest plunge since Donald Trump's victory in last month's US presidential election.

Carstens, who had compared Trump with a maximum Category Five hurricane because of his tough stance toward Mexico, will step down on July 1 next year, the Banco de Mexico said in a statement.

He will become director general of the Bank for International Settlements, the Switzerland-based bank for central banks …. https://www.yahoo.com

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