(Reuters) -A low pressure area over the southwestern Yucatan Peninsula has a 40% chance of developing into a cyclone and is emerging over the Bay of Campeche, the U.S. National Hurricane Center (NHC) said on Saturday.

"By Monday, this system should move inland over eastern Mexico, ending its chances of development. Regardless of development, locally heavy rains are possible over portions of Belize, Guatemala, and southeastern and eastern Mexico during the next few days," according to the NHC's latest advisory.

(Reporting by Rishabh Jaiswal in Bengaluru; Editnig by Kim Coghill)