Central Bank of Ecuador governor resigns


The governor of the Central Bank of Ecuador, Pedro Delgado, has resigned after admitting that he does not hold a degree in economics, according to local media reports.

Local media quoted Delgado admitting to have submitted a false document, during a press conference broadcast on Ecuadorian state television. The governor expressed regret for his actions.

Delgado, who is the cousin of Ecuadorian president Rafael Correa, was appointed to the central bank in November 2011 after a government

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