Argentina central bank president quits under pressure from Macri

BUENOS AIRES, Argentina – Argentina Central Bank President Alejandro Vanoli resigned Wednesday under pressure from President-elect Mauricio Macri, who plans to remove currency controls with reserves standing at a nine-year low.
In a six-page letter submitted to outgoing President Cristina Fernández de Kirchner a day before Macri assumes power, Vanoli defended his time in office while insisting he never intended to become an impediment to the new government, according to a copy released by the bank.
“I take

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