Argentine central bank chief steps down from post

ARGENTINA - Mario Blejer, Argentina's central bank chief, resigned on Friday, raising fears that the country could be poised for a return to hyperinflation.

Mr Blejer's departure comes as fears mount over the economic future of the region. Brazil's currency hit a historic low on Friday while its bonds continued to fall, as investors increasingly worry that the country could follow Argentina into default. Uruguay, once considered the most stable country in Latin America, was forced on Thursday,