Argentina’s central bank governor quits after Presidential criticism
Former central banker says new governor is seen by the markets as a ‘bad change’
Juan Carlos Fábrega didn't even last a year as governor of the Central Bank of Argentina.
Fábrega resigned yesterday, after Argentinian president Cristina Fernández de Kirchner publicly criticised the central bank in a speech earlier this week.
Alejandro Vanoli, until now head of the National Securities Commission, will take over as governor, making him the fourth person to hold the role in the past five years.
In her speech, Fernández said the monetary authority has done too little to control
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