Argentine Central Bank Chief Denounces Threatening Phone Calls

Argentine Central Bank President Alejandro Vanoli said that he and his family have received threatening phone calls and that he’s made a formal complaint with public prosecutors.

The phone calls take place at the time of a strong "campaign in the media and through legal proceedings that have tried to undermine the stability of the central bank and its board,” the central bank said in an e-mailed statement.

Vanoli has refused calls from President-Elect Mauricio Macri to resign when the opposition takes power on Dec. 10. The central bank president is separately being investigated for supposed fraudulent activities by intervening in the local futures market and selling U.S. dollar contracts at below market price to tame devaluation expectations. The central bank president has denied any wrongdoing involving the futures contracts and said the "accusations are political."

Futures trading was suspended Tuesday by the securities regulator due to the probe which also saw the monetary authority’s trading desk raided by metropolitan police last month.