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Trump win would hit Mexico like a 'hurricane': Central bank head

Carstens added that the scenario for Mexico was better with a Clinton win in the November 8 presidential election

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Christine Murray Mexico City
Mexico's central bank chief said on Friday that a Donald Trump victory in the US presidential election would hit Mexico like a hurricane.

Speaking on local radio, Agustin Carstens also said that "it was a reality" that there was a correlation between the country's weakening currency and the Trump campaign. The Mexican peso has fallen about 11 per cent against the dollar this year.

Asked whether the Republican nominee's victory would be like a category five storm for the country, Carstens said "yes, it would be a stronger hurricane" than if Democratic nominee Hillary Clinton wins.

Carstens added that the scenario for Mexico was better with a Clinton win in the November 8 presidential election.

Reuters
 

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First Published: Oct 01 2016 | 9:25 PM IST

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