Argentina's Central Bank Sells Dollars on Parallel Market in Anti-Inflation Effort
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#109baaec ver:0.41

Argentina's Central Bank sells dollars on parallel market to combat inflation and stabilize money supply. Economic challenges persist as shares fall, peso depreciates, and country risk index rises. Despite this, Argentina records historic trade surplus in May. Informal exchange rates increase, prompting Central Bank to sell dollars. Strategy aims to narrow gap between official and parallel rates and accelerate deflation process. In Colombia, US Dollar closes above $3,880 due to Middle East uncertainty. #Argentina #economy #inflation #trade #Colombia...

#newstr #Argentina #CentralBank #Inflation #ForeignExchangeMarkets #MoneySupply #ExchangeRates 

 https://here.news/story/109baaec?ver=0.41