Mexico central bank watching weak peso’s impact on inflation

09/15/16 Reuters

mexican pesosMexico’s central bank will pay close attention to inflationary pressures stemming from the weak peso while deciding monetary policy, deputy governor Manuel Sanchez said on Thursday.

The upside risks dominated the outlook for inflation, and inflationary pressures arising from the peso’s weakness posed the biggest concern, Sanchez said in a speech published on the central bank website.

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