Mexico's Carstens Sees Low Risk Of Disorderly Capital Outflows

Bank of Mexico Governor Agustin Carstens said Friday there is a low risk that higher interest rates in developed countries will trigger capital outflows from Mexico.

"There is the risk of observing some turbulence in our markets when those flows are reversed, especially if they are reversed in a disorderly fashion. But at the same time I feel that the danger of that is not that large," Carstens said in an interview with Dow Jones Newswires in Argentina.

Source: Wall Street Journal