Mexico could intervene to restore order if currency market volatility ever becomes “extreme,” central bank Governor Victoria Rodriguez said. Rodriguez made her remarks Wednesday during a month in which the peso has led global losses, though she stopped short of issuing a pledge to step in. The Banxico chief said that possible intervention mechanisms include a $30 billion foreign exchange coverage program that could be deployed by the exchange commission, which is directed by a group of senior finance officials including herself. But she reiterated that currency flexibility remains one of the pillars of Mexico’s ... (full story)