Argentine governor resigns following criticism by new president

Economist and political ally of new president is likely successor

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The Central Bank of Argentina

The governor of the Central Bank of Argentina, Alejandro Vanoli, has resigned five years early, following the victory in the presidential election of a candidate who had criticised the bank's recent record.

Vanoli announced his resignation with a lengthy and emotional letter to the incumbent president, Cristina Fernández de Kirchner, who appointed him to a six-year term in October 2014.

Mauricio Macri, candidate of the centre-right Propuesta Republicana (PRO) party, was inaugurated as the

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