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Argentina: The Current Rate of Intervention Is Unsustainable

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The BCRA sold more than 800 million dollars since the FX market changed from positive to negative on August 26. There are several factors behind that. There were companies that canceled debts in dollars, banks that had reduced their foreign currency position a few months ago and ...

 

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Argentina: The Current Rate of Intervention Is Unsustainable

The BCRA sold more than 800 million dollars since the FX market changed from positive to negative on August 26. There are several factors