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Argentine wholesale peso breaches $1500/USD, signaling official devaluation strategy shift
La Nación (Argentina)LO·AR·about 14 hours ago
Argentina's central bank (BCRA) lowered its 2026 GDP growth projection to 2.1% from 2.7% a month ago, citing weaker investment and consumption. The revision reflects a deteriorating domestic demand outlook and follows a statistical drag from December 2025. This signals a downward adjustment in growth expectations for Argentina's economy.