Mexico cenbank says U.S. NAFTA withdrawal would hit peso, inflation

By Kitco News / January 10, 2018 / www.kitco.com / Article Link

MEXICO CITY, Jan 10 (Reuters) - Mexican central bank governor Alejandro Diaz de Leon said on Wednesday that if the United States decided to withdraw from NAFTA, there would likely be an impact on the peso and the goal of reducing inflation would become more complex.

Diaz de Leon was responding to a question about a Reuters report that Canada is increasingly convinced that President Donald Trump will soon announce the United States intends to pull out of the North American Free Trade Agreement (NAFTA). The story sent the Canadian and Mexican currencies lower and hurt stocks.


(Reporting by Anthony Esposito; Editing by Sandra Maler)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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