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Strong External Assistance: Us Treasury Would Have Sold up to $2 Billion to Avoid Another Run
Summary by politicargentina.com
2 Articles
2 Articles
In the run-up to the legislative elections, the U.S. Treasury intervened strongly in the Argentine exchange market, with sales exceeding $2 billion, while the Central Bank also had to provide reserves to contain pressure on the dollar.
If the reserves burned down by the Milei government add up, in the last month USD 5 billion was dilapidated and the dollar also escaped.
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