July 2, 2018 / 1:43 PM / 9 months ago

Mexico's Lopez Obrador to respect central bank, floating exchange rate - aides

FILE PHOTO: Carlos Urzua, the main Mexican leftist Lopez Obrador says will be his finance minister, speaks during an interview with Reuters in Mexico City, Mexico June 5, 2018. REUTERS/Henry Romero

MEXICO CITY (Reuters) - Mexico’s next government led by leftist Andres Manuel Lopez Obrador will respect central bank autonomy and keep a floating exchange rate for the peso currency, finance minister designate Carlos Urzua said on Monday morning.

In a call with reporters, Urzua and other senior economic aides said the next government will also encourage private investment from both local and foreign investors while pursuing responsible fiscal and macro-economic policies.

Reporting by Mexico City newsroom

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