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Argentina: The season of FX stress begins

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The last 4 business days of last week the Central Bank had to sell dollars in the FX market so as not to alter the routine of daily devaluation of 3 or 4 cents. The last time it had a seller balance for 3 days in a row was at the end of last November. Until this change of directi...

 

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Argentina: The season of FX stress begins

The last 4 business days of last week the Central Bank had to sell dollars in the FX market so as not to alter