Argentina to announce new economic measures after peso freefall - Dealers Care

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Friday, 31 August 2018

Argentina to announce new economic measures after peso freefall

By Hugh Bronstein and Jorge Otaola BUENOS AIRES (Reuters) - Argentina's peso lost as much as nearly one-fifth of its value on Thursday despite the central bank's hiking its benchmark interest rate to a dizzying 60 percent as investors panicked over President Mauricio Macri's handling of an economic crisis.

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