July 9, 2020 / 2:43 PM / 25 days ago

Mexico central bank says economic recovery uncertain

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MEXICO CITY, July 9 (Reuters) - Mexico’s central bank said the economic recovery from the coronavirus pandemic was on a shaky footing, even as Latin America’s second largest economy opens up for business, minutes of the last policy meeting said on Thursday.

Most members of the bank’s five-member board said that “although the reopening of certain economic sectors and regions in May and June will foster a slight recovery of economic activity, the impact has been considerable and uncertainty persists.” (Reporting by Mexico City newsroom Editing by Chizu Nomiyama)

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