Argentine peso slides to record 1,542/USD; central bank halts FX purchases

Argentina's wholesale peso weakened to a record 1,542 per dollar on surging demand and a 46% jump in volume, while the BCRA refrained from buying foreign currency for a third straight session. Reserves nonetheless rose, suggesting intervention or other inflows. The pause in official buying signals a shift in FX policy amid intensifying depreciation pressure.

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