Mexican Central Bank Governor Carstens to leave in July

Mexican central bank governor Cartens to leave

Mexican Central Bank Governor Agustin Carstens is set to leave the Banco de Mexico in July 2017 to lead the Bank for International Settlements from October next year, a central bank spokesman said on Thursday.

Carstens, a former Mexican finance minister, has been the governor of the central bank since 2010.

The peso weakened nearly 1 percent on the news.