Trump did not cause the return of volatility in the markets: Videgaray

The return of the volatility in the exchange rates is due to the uncertainty in the global economy and not because any sort of "Donald Trump effect," according to the Minister of Finance and Public Credit, Luis Videgaray.

"The global economy is currently in a challenging period, it does not happen only in a particular country," explained Videgaray at the end of a signing ceremony of agreements between the automotive sector and the National Productivity Committee.

He added that "the volatility has returned to the markets (in the last week). We know that the volatility will continue. There will be major challenges in the world, like those in geopolitics. We Mexicans must continue along the route of responsibility," he said.