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Argentina's FX shield balloons to $125B; credibility questioned
ClarínSRC LO·AR·2 days ago
Argentina's central bank (BCRA) purchased USD 101 million in the FX market, yet international reserves fell by USD 117 million to USD 49,722 million. October purchases total USD 733 million amid rising currency supply. The decline suggests other outflows offsetting intervention, while the peso remains stable.