Last quote by Agustin Carstens
Even taking that into account, and given the other fundamentals of the Mexican economy, I think the peso is still undervalued.feedback
This page is completely dedicated to what Agustin Carstens has to say. All of Agustin Carstens’s quotes are organized here by date and topic. The most recent quote attributed to Agustin Carstens came from an article called Central banks should revert to conventional tools, new BIS head says: “From our point of view the peso is clearly undervalued against the dollar. The markets have overreacted. I hope that the discussions between the U.S. and Mexico, which begun now, will rapidly provide for more clarity and certainty. If that is the case it should be reflected in an appreciation of the peso.”.
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Quotes by Agustin Carstens
Jan 30 2017
From our point of view the peso is clearly undervalued against the dollar. The markets have overreacted. I hope that the discussions between the U.S. and Mexico, which begun now, will rapidly provide for more clarity and certainty. If that is the case it should be reflected in an appreciation of the peso.feedback
Jan 30 2017
To some extent monetary policy has definitely been taken to its limits – I would say so for sure. I would certainly advocate for going back to a regime that is more in line with what we consider to be a 'normal monetary policy'. Since central banks have held this position for such a long time now, they have to be very careful with their further steps. The exit from the ultra-loose monetary policy of the past years has to be very gradual and it must not put at risk the progress which was achieved so far.feedback
Dec 03 2016
We are looking for a balance, we don't want to be behind the curve, but neither do we want to get ahead of ourselves and shoot without knowing what we are shooting at.feedback
Nov 18 2016
What we're trying to do is reach a balance, which is not easy, between not lagging behind reality and on the other hand, neither do we anticipate news (or) speculation that might not be right and that could impose additional costs on the economy that aren't necessary to impose.feedback
Nov 18 2016
There's no way I will rule that out.feedback
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