Moderate Central Bank President Resigns

ARGENTINA - Report 01 Oct 2014 by Esteban Fernandez Medrano
This Market Brief was originally issued on October 1, 2014 as a post on GSP Direct, the GlobalSource Partners interactive webtool providing clients an initial response to breaking news and developments. Today Juan Carlos Fábrega presented his resignation as President of Argentina's Central Bank (BCRA). As his replacement President Cristina Fernández de Kirchner (CFK) appointed Alejandro Vanoli, former president of the National Securities Commission (CNV), the local capital markets regulator. Fabrega’s resignation came yesterday, after CFK made elliptic criticisms of the Central Bank during ...

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