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President AMLO To Nominate Victoria Rodriguez To Lead Banxico

  • Mexico's Lopez Obrador nominated Victoria Rodriguez, the finance undersecretary, to lead the central bank of Mexico after Arturo Herrera's nomination was withdrawn, the president announced in his daily press conference. AMLO stated:
  • For first time Banxico will be led by a woman.
  • AMLO says deputy finance minister Rodriguez kept spending down.
  • Potentially seen as a marginally dovish development, USDMXN extending gains above 21.30 to print fresh highs of 21.3853

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