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Argentina Peso: Rate Cuts Change the Maths for Savers

Argentina's central bank has stopped defending 1,500 pesos per dollar and is letting peso rates fall, rewriting the maths for time deposits and Lecap treasury bills.

Where: Argentina, Buenos Aires

Exact coordinates

argentina: -38.420, -63.620
buenos aires: -34.600, -58.380

Read it at The Rio Times See this on the map

Argentina Peso: Rate Cuts Change the Maths for Savers
What might happen next? AI-generated

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