March 23, 2017 / 7:29 PM / 5 months ago

Mexican peso is no more than 10 pct undervalued-Carstens

MEXICO CITY, March 23 (Reuters) - Mexico's peso currency is still undervalued, but by no more than 10 percent, Central Bank Governor Agustin Carstens said in an interview with U.S. news agency Bloomberg.

The peso hit a series of record lows following Donald Trump's surprise U.S. presidential win but the currency has recovered somewhat as U.S. officials have struck a more conciliatory tone towards Mexico. (Reporting by Michael O'Boyle)

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