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Argentina credit diverges: dollar loans surge, peso lending stalls
La Nación (Argentina)LO·AR·1 day ago
Atilio Velaz, CEO of Coelsa, Argentina's dominant payment processor, states that bimonetarism (dual currency use) is already a reality, citing peak volumes of 100 million transfers per weekend and sub-200ms processing times. This signals deepening financial dollarization and a structural shift in Argentina's payment ecosystem, with implications for monetary policy and inflation dynamics.
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