Mexico’s Central Bank Nominee Fuels Concerns About Independence


MEXICO CITY—The shock nomination Wednesday of a little-known economist as the following head of Mexico’s central financial institution raised issues about whether or not the financial institution would be capable to retain its independence underneath President Andrés Manuel López Obrador because the nation struggles with rising inflation.

Mr. López Obrador, a leftist nationalist, nominated Deputy Finance Minister Victoria Rodríguez as the following governor of the Bank of Mexico, sparking a pointy depreciation of the peso. Buyers and analysts expressed issues about whether or not she was sufficiently certified for the put up.



Mexico’s Central Bank Nominee Fuels Concerns About Independence Source link Mexico’s Central Bank Nominee Fuels Concerns About Independence

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