Mexico cenbank can up rate irrespective of Fed: Deputy Gov Guzman

martes 7 de junio de 2016 11:53 GYT
 

June 7 (Reuters) - Mexico's central bank can increase its key interest rate irrespective of when the U.S. Federal Reserve moves, and will adjust its monetary policy stance if conditions require it, a top board member said in a presentation in London on Tuesday.

Deputy Governor Javier Guzman said monetary conditions remained very relaxed given a sharp depreciation of the peso, and that the board would remain vigilant for any passthrough to inflation.

(Reporting by Mexico City Newsroom)