Mexican president names finance minister to head central bank

Bank of Mexico

Mexican president Andrés Manuel López Obrador nominated his finance minister and long-time ally Arturo Herrera Gutiérrez as the next central bank governor on June 9.  

López Obrador announced on May 21 that he would not renominate incumbent governor Alejandro Díaz de León, with whom he has clashed on several occasions. The president said he would look for “an economist with a social dimension, very much in favour of moral economics”.

If confirmed by Mexico’s senate, or upper house of

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