Argentina’s Redrado clings to position


Martin Redrado, the governor of the Central Bank of Argentina, is refusing to step down in the face of calls from the country's president to quit.

Cristina Fernández, the president, on Wednesday called on Redrado to step down after the governor stalled on the government's plan to use central bank reserves to pay $6.6 billion to creditors.

America 24, a local television channel, reported on Thursday that the central bank's board, all of whom are elected by the president, would ask Redrado to step

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