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Argentina: 32,000 Firms Shut, 500K Jobs Lost Under Milei Austerity
BioBío ChileLO·AR·2 days ago
Argentine President Milei asserts he holds $125 billion in reserves to withstand a bank run, signaling confidence in the country's dollar liquidity. The claim is unverified and likely refers to central bank reserves plus other assets, but it aims to reassure markets amid currency tension. This is a rhetorical move to bolster confidence rather than a confirmed policy action.
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