Mexican Finance Minister Rogelio Ramirez de la O stepped down on Friday in a widely expected move and was replaced by his deputy Edgar Amador, who vowed to maintain financial and economic stability.

President Claudia Sheinbaum said she has appointed Rogelio Ramírez de la O as adviser for international economic affairs.

Mexico Finance Minister Rogelio Ramirez de la O has stepped down after more than three years as the country’s top budget official, President Claudia Sheinbaum announced in a video posted to social media Friday.

By Stefanie Eschenbacher and Cassandra Garrison MEXICO CITY (Reuters) -Mexican Finance Minister Rogelio Ramirez de la O has stepped down, two sources familiar with the matter said on Friday, having been appointed by the country's previous president Andres Manuel Lopez Obrador.