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Argentina's wholesale dollar rises above 1,500 pesos

Argentina's wholesale dollar exchange rate opened the week above 1,500 pesos.

By DoomRadar · Published on DoomRadar .

Why it matters

The move signals pressure on Argentina's currency and could increase domestic economic instability.

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EARLIER READING

Argentina's blue dollar rises and remains above the MEP rate

Argentina's parallel blue-dollar exchange rate rose during the week and has remained above the MEP rate for nearly two months. The headline indicates sustained exchange-rate pressure.

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