Mexico peso should appreciate once markets become calmer-Carstens

viernes 8 de enero de 2016 13:18 GYT

MEXICO CITY Jan 8 (Reuters) - Mexico's exchange rate may have been affected by a market over-reaction over China, and once things calm down, it should reflect Mexico's economic fundamentals and appreciate, Bank of Mexico Governor Agustin Carstens said on Friday.

Mexico's peso has hit a series of record lows against the dollar in recent days, with fears over Chinese markets and the low global oil price battering the currency. (Reporting by Michael O'Boyle)