Argentine peso weakens for fifth day; BCRA buys USD 61M but reserves fall
Published 2 d ago3 sourcesEvidence: Reported
Analysts forecast continued depreciation pressure on the Argentine peso through year-end, driven by investor hedging demand, seasonal foreign-currency supply constraints, and central bank dollar purchases to build reserves. Political and financial uncertainty compounds the outlook. The central bank's intervention strategy may be unsustainable if pressure persists.
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