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5.4
Argentina's dollar stability masks rising dollar-based inflation, economist warns
PerfilLO·AR·1 day ago
Argentina's official and parallel (blue) dollar rates have converged, with the official rate at 1540 pesos and the blue at 1545 pesos per USD, indicating minimal spread. This convergence suggests reduced exchange-rate distortion, likely reflecting policy interventions or market expectations. The development matters for Argentine inflation, capital controls, and investor sentiment.
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