Carstens to stay at Central Bank ’til November

Agustín Carstens announced that President Peña Nieto had asked him to postpone his departure as head of Banco de México from April until November, and that he had agreed.  Given the lack of a clear successor to head the Bank, the delay will provide some additional financial stability through the gubernatorial elections in June and the 2018 budget approval process in September-November.

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