Paraguay's central bank president 'confirmed'

Dr Monica Perez has been confirmed by Paraguayan President Nicanor Duarte as the first female central bank president. However, she must still be formally approved by the Senate.

Former central bank president Gabriel Gonzalez resigned after an incident with protesters who were demonstrating outside his residence. The senate must now approve Perez' appointment.

Perez has previously worked at the IMF, World Bank and Federal Reserve. If approved by the Senate Perez would serve a five year term as head

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