Mexico to nominate Victoria Rodriguez as central bank governor

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Mexico to nominate Victoria Rodriguez as central bank governor

MEXICO CITY, November 24, Reuters - Mexican President Andres Manuel Lopez Obrador said on Wednesday he would propose senior finance ministry official Victoria Rodriguez as the next governor of the country's central bank, which would make her the first woman to take over the job.

Rodriguez, a deputy finance minister, was proposed by Lopez Obrador after the president decided to withdraw the nomination of his former finance minister Arturo Herrera.

We always need to look for the best, and we consider it very important for it to be Victoria Rodriguez, Lopez Obrador told a regular news conference.

The president didn't explain why Herrera's candidacy had been withdrawn, but he said women were a priority for his administration. Herrera hasn't explained why.

Despite the fact that Herrera's name would be withdrawn, the news provoked surprise inside the government on Tuesday, and Mexico's peso extended losses against the dollar on Wednesday after Lopez Obrador announced Rodriguez's nomination.