Argentine judge overturns Central Bank fine on Massa-linked exchange house; BCRA cries foul

A federal judge in Argentina annulled a Central Bank fine against Karuna Group, a currency exchange house linked to the Frente Renovador party of Sergio Massa. The Central Bank's legal team called the ruling 'scandalous', alleging judicial interference in its enforcement powers. The decision raises questions about the independence of financial regulation amid political ties.

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