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Mexico central bank chief sees no imminent capital outflows
April 26, 2013 / 5:30 PM / in 4 years

Mexico central bank chief sees no imminent capital outflows

ACAPULCO, Mexico, April 26 (Reuters) - Mexico is far from a situation where capital inflows may reverse, Bank of Mexico Governor Agustin Carstens said at a news conference on Friday.

Mexico has absorbed $160 billion in new foreign investment in its financial markets in the last three years, pushing stocks and bonds to record highs.

The central bank held interest rates at 4 percent on Friday after cutting in March amid concern about a strong peso, which has risen nearly 6 percent so far this year.

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