Central banks respond as markets roiled by Trump victory
Mexico hit by large capital outflows, while Swiss and Japanese central banks face large inflows
Central banks around the world have responded as Donald Trump's election as president of the US today (November 9) sent capital rushing to economies perceived as safe havens.
Neighbouring Mexico bore the brunt of the impact, with the peso plunging 12% against the dollar as the election result became clear, before recovering slightly.
Bank of Mexico governor Agustín Carstens had already said the central bank was ready to take emergency action.
Today, Carstens held a joint press conference with
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