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Interest rates in Argentina on the move

Published 08/14/2018, 04:35 AM
© Reuters.  Interest rates in Argentina on the move
ARGT
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  • Look for more fallout from Argentina's move to boost its 7-day Leliq rate by 500 basis points to 45%. The central bank vowed to keep the key interest rate at that level until at least October. Late Monday, Argentina's peso erased its loss sustained earlier in the day. The government also canceled its daily dollar auction and said it will gradually eliminate its holdings of short-term notes.
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