August 2, 2018 |
When Agustín Carstens took over as the head of the Bank of International Settlements (BIS) in December, he became the first person from an emerging market country to lead the Basel-based institution often referred to as the central bank of central banks.
At BIS, Carstens, who steered Mexico’s monetary policy through a bout of economic turbulence after the election of US President Donald Trump, has focused on addressing the impact of financial technology and digital currencies on the global financial system.
LatinFinance spoke to Carstens about the risks ahead for Latin America and other issues. The interview has been edited and condensed for clarity.
LatinFinance: What advice do you have
The first Latin American at the helm of BIS, the former Mexico central banker discusses the outlook for the global economy, cryptocurrencies and financial regulation