A semblance of calm has been restored to Argentina’s central bank following the resignation of its head, Martin Redrado, and the appointment of his replacement, Mercedes Marcó del Pont.
The drama surrounding Redrado – from his refusal to allow the government to claim $6.6 billion of the bank’s reserves, to president Cristina Kirchner’s decision to fire him, to his refusal to go and his reinstatement, to his eventual departure – has gripped the nation for the past three months.
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