By Bary Alyssa Johnson (staff@latinospost.com) | First Posted: Oct 21, 2013 02:05 PM EDT

As of the most recent update from the National Hurricane Center (NHC), issued at 8:00 a.m. PST, Hurricane Raymond, a category three hurricane, is currently stationary just south of Mexico.

Raymond is now located at 105 miles south-southwest of Zihuatanejo, Mexico and 106 miles west-southwest of Acapulco, Mexico.

A slow and erratic motion of the storm is expected over the next 24-48 hours, the NHC reports. Raymond is expected to move closer to the Mexican coast, within the hurricane's warning zone, later in the day on Monday and through Tuesday.

A hurricane warning is currently in effect for Tecpan de Galeana to Lazaro Cardenas. This means hurricane conditions are expecting somewhere within this warning zone within the next 36-48 hours. A hurricane watch is in effect for Acapulco to Tecpan de Galeana. Meanwhile, a tropical storm warning is also in effect for Acapulco to Tecpan de Galeana.

Raymond is now a category three storm, with maximum sustained winds of 120 miles per hour, though higher gusts are being reported. Some strengthening is forecast over the next day or so and gradual weakening is expected to begin by Wednesday evening.

Though Raymond is a category three storm, it is a small hurricane with hurricane force winds extending out only 15 miles from the storm's center. Tropical storm force winds are currently extending outward up to 70 miles.

In terms of hazards affecting land, a storm surge is expected to produce significant flooding in places within the warning zone, the NHC warned. Near the coast, the surge will be accompanied by "large and destructive" waves.

Raymond is expected to produce within two and four inches of rainfall with isolated amounts of up to eight inches in the states of Guerrero and Michoacan.

In terms of surf, swells generated by Raymond will affect parts of the south-central coast of Mexico. These swells may cause life-threatening surf and rip conditions, so it's advised to stay out of the water.

The NHC will issue its next complete advisory on the storm at 2:00 p.m. PST.

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