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Argentine wholesale peso breaches $1500/USD, signaling official devaluation strategy shift
La Nación (Argentina)LO·AR·2 days ago
Argentina's wholesale exchange rate rose by 5 pesos to 1535 per dollar, a new high for 2026, reflecting continued depreciation pressure. The move signals persistent currency weakness amid ongoing economic imbalances, though the retail rate's parallel movement suggests broad-based devaluation.