AMLO TAPS HIS SPENDING CHIEF TO HEAD BANXICO AS INFLATION SOARS

(Bloomberg) -- The Mexican peso tumbled Wednesday after President Andres Manuel Lopez Obrador picked a Finance Ministry official with little monetary policy experience to lead the country’s central bank, fueling concern about possible government interference in Banxico’s independence as inflation hits a 20-year high. Most Read from BloombergBillionaire Family Feud Puts a Century-Old Business...

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