04 February 2010

ARGENTINA: New Central Bank Head Plans To Keep Current Policies.

BLOOMBERG/ “I believe in operational autonomy of the central bank, but I don’t think it can be independent of a nation’s economic policies,” affirmed Mercedes Marco Marco del Pont, 50, named yesterday to head the central bank by President Crisitna Kirchner. She replaces Martin Redrado, fired for defying Kirchner's desire to use central bank monies to pay the nation's debts.