Puerto Vallarta News

Puerto Vallarta News

Mexico’s Central Bank says a Trump win will hit the country like a hurricane

Speaking on local radio, Agustin Carstens also said that "it was a reality" that there was a correlation between the country's weakening currency and the Trump campaign. The Mexican peso has fallen about 11 percent against the dollar this year.

Asked whether the Republican nominee's victory would be like a category five storm for the country, Carstens said "yes, it would be a stronger hurricane" than if Democratic nominee Hillary Clinton wins.

Carstens added that the scenario for Mexico was better with a Clinton win in the Nov. 8 presidential election.

Mexico's central bank on Thursday hiked . . .

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