Bk of Mexico Carstens: MXN has room to appreciate, but less than before

Bank of Mexico Governor Carstens
– Says peso can reach 17 (to the USD) (but that is not a target) given the economy’s resilience
– Pause in rates could last though a Federal Reserve rate hike, actions already taken should be sufficient to take inflation to the 3% target by end 2018

Carstens speaking with Bloomberg. Banco