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Mexican President Nominates Deputy Finance Minister Victoria Rodriguez as Subsequent Central Financial institution Chief

Mexican President Nominates Deputy Finance Minister Victoria Rodriguez as Subsequent Central Financial institution Chief

MEXICO CITY—Mexican President Andrés Manuel López Obrador nominated Deputy Finance Minister Victoria Rodríguez as the following governor of the Financial institution of Mexico, sparking a pointy depreciation of the peso on considerations about her independence and technical {qualifications}.

The peso fell so far as 21.60 towards the U.S. greenback following the announcement from 20.19 Tuesday, earlier than recovering some to 21.45.

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