New governor selected in Chile

rodrigo-vergara-montes

The president of Chile, Sebastián Piñera, and the Treasury minister, Felipe Larraín, on Thursday signed a decree appointing Rodrigo Vergara Montes as the new governor of the Central Bank of Chile.

Despite the Senate not having passed the selection, under Chilean law the governor, "for reasons of continuity and good service", took up the position on December 10, "without having to wait for the full processing of the decree", said a statement on the Chilean government's website. Montes will serve

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