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MEXICO: Deputy Finance Minister Gabriel Yorio To Step Down

MEXICO
EM BulletMexicoBulletGlobalEmerging Market NewsRegion
  • Bloomberg is reporting that Yorio, who has spent almost six years in the Finance Ministry under President AMLO will leave his post amid the transition to the new presidential team.
  • The news comes ahead of Claudia Sheinbaum's inauguration on Oct 1. She recently said that almost all of the top team at the Finance Ministry would be staying on, including Finance Minister Rogelio Ramirez de la O, although Yorio's position was not confirmed at the time.
  • USDMXN has spiked higher on the headline to 19.75, leaving the pair 0.6% up on the day.
    • "*MEXICO DEPUTY FINANCE MINISTER GABRIEL YORIO TO LEAVE POST" - BBG
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  • Bloomberg is reporting that Yorio, who has spent almost six years in the Finance Ministry under President AMLO will leave his post amid the transition to the new presidential team.
  • The news comes ahead of Claudia Sheinbaum's inauguration on Oct 1. She recently said that almost all of the top team at the Finance Ministry would be staying on, including Finance Minister Rogelio Ramirez de la O, although Yorio's position was not confirmed at the time.
  • USDMXN has spiked higher on the headline to 19.75, leaving the pair 0.6% up on the day.
    • "*MEXICO DEPUTY FINANCE MINISTER GABRIEL YORIO TO LEAVE POST" - BBG