Head of Mexico’s Central Bank Operations Is Leaving for BIS

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Central Bank director Agustin Carstens announced today that he will leave his post on July 1 to head the Bank of International Settlements (BIS) in Switzerland. His sudden resignation announcement seems to be injecting additional uncertainty into the economy at a time when Mexico is already preparing for shocks from the U.S. possibly pulling.

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New Home Sales Down 6.9% in April PDF MONTHLY NEW RESIDENTIAL SALES, APRIL 2019 – Census – This is 6.9 percent (14.0 percent)* below the revised March rate of 723,000, but is 7.0 percent (12.4 percent)* above the April 2018 estimate of 629,000. Sales Price The median sales price of new houses sold in April 2019 was $342,200. The average sales price was $393,700. For Sale Inventory and Months’ Supply The seasonallyadjusted estimate of new houses for sale at the end of April was 332,000.

MEXICO CITY (AP) – The head of Mexico’s central bank says he is resigning to become the new general manager of the Bank for International Settlements in Switzerland. Banco de Mexico Gov.

Carstens quits Mexican central bank to head BIS.. the widely respected governor of the Bank of Mexico, is quitting in July to head the Bank for. denied he was like a captain leaving his ship.

The Bank for International Settlements (BIS) is an international financial institution owned by central banks which "fosters international monetary and financial cooperation and serves as a bank for central banks". The BIS carries out its work through its meetings, programmes and through the Basel Process – hosting international groups pursuing global financial stability and facilitating.

Bank of Mexico Governor Agustin Carstens will step down as the head of the country’s central bank in July 2017, according to news reports Thursday. Carstens will become the general manager of the.