Argentina’s central bank President Martin Redrado resigned last night after a standoff with the government over its plan to use $6.6 billion in reserves to pay debt due this year.      “I have followed the Constitution, the law and the central bank rules,” Redrado said during a press conference in Buenos Aires. “My cycle has ended at the bank.”      President Cristina Fernandez de Kirchner tried to fire Redrado, 48, by decree on Jan. 7 for not backing her plan to tap reserves. A judge halted the measure the following day, saying Fernandez hadn’t notified Congress as required in the central bank charter. A bicameral commission, whose decision isn’t binding, began discussing the decree on Jan. 26.      Economy Minister Amado Boudou has said the government intends to name former central bank President Mario Blejer, who also worked at the International Monetary Fund and the Bank of England, to replace Redrado. Central Bank Vice President Miguel Pesce has been running the institution since police barred Redrado from entering its headquarters on Jan. 24.

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Argentine Central Bank President Quits Amid Reserves Dispute