The Trader 

Market Outlook: Central banker detained

The Trader

Over the weekend the head of Latvijas Banka, Ilmars Rimsevics, was detained by anti-corruption officials but no details of allegations were given; both his home and his office were searched.  The central bank said it will be ‘business as usual’ today with the deputy governor taking over.  As well as running one of the Eurozone’s central banks Mr Rimsevics is a board member of the European Central Bank and sits on its rate-setting committee.   

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