Ecuador chief and general manager quit


Diego Borja, Ecuador's minister of economic policy co-operation, was appointed as governor of the South American country's central bank on Thursday by Rafael Correa, the country's president.

His predecessor, Carlos Vallejo, resigned on Thursday over tensions with Correa and a missed deadline to complete a reserves transfer to public-sector banks.

A day earlier, Karina Sáenz, the central bank's general manager, also resigned in response to harsh criticism from Correa. The president had ordered th

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