Banxico Deputy Worried More Peso Weakness May Spur Inflation

  • Banxico raised key rate to 3.75% in surprise move last month
  • Concerns about China growth could spur volatility: Sanchez

Mexico central bank deputy governor Manuel Sanchez said he is concerned about the risks for further peso depreciation, which could trigger inflation and spur policy makers to raise the key interest rate again.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.