Argentina’s Macri to settle cabinet soon with eyes on central bank

Reuters

BUENOS AIRES, Dec 2 (Reuters) - Argentina's President-elect
Mauricio Macri said on Wednesday that remaining high-level
personnel decisions will be settled in a matter of hours, as
pressure mounted on central bank chief Alejandro Vanoli to step
down.

Vanoli, appointed by outgoing leftist President Cristina
Fernandez, was set to speak to the press at 1 p.m. (1600 GMT).

He has jousted in the media with center-right Macri over his
management of Argentina's currency. The peso under
current policy is supported by central bank interventions.

Most of Macri's cabinet has been named, with Vanoli and the
future leadership of the central bank hanging as a big question
before Macri becomes president of Argentina on Dec. 10.

Macri has said he would like to have economist and
congressman Federico Sturzenegger at the helm of the central
bank.

"The positions that remain unfilled will be resolved over
the hours ahead," Macri told reporters.

Macri has called on Vanoli to step down in order to clear
the way for his policy of allowing the peso to devalue.

Congress would have to ratify the appointment of the next
central bank chief.

(Reporting by Hugh Bronstein; editing by Grant McCool)

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