Related News
World's central banks keen to ensure financial stability after Brexit, says top Mexican official
GLOBAL central banks are being vigilant about the stability of financial markets and are cooperating closely after the UK voted to exit the European Union, Agustin Carstens, governor of the Bank of Mexico (Banxico), said on Saturday.
Carstens is currently president of the Global Economy Meeting of the Bank for International Settlements (GEM), headquartered in Basel, Switzerland. The institution met Saturday to discuss joint preparations for the fallout of the UK's decision.
"The governors of central banks, in the GEM, discussed the implications of the referendum," said Carstens in a statement.
The Banxico governor said that the group supported the measures taken by the Bank of England, which announced on Friday that it would release 250 billion pounds (US$342 billion) in additional funds to help secure monetary and fiscal security.
Stock markets around the world suffered massive losses and currencies tumbled on Friday, due to the uncertainty caused by Thursday's referendum, which saw the UK vote to leave the EU.
The GEM brings together the central bank governors from 30 largest economies, which make up around 80 percent of global gross domestic product.
- About Us
- |
- Terms of Use
- |
- RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.