Argentina abandons crawling peg to exchange rate mechanism, allowing peso to float within range
2025-04-12 00:07:06
On April 12, according to the statement released by the Argentine central bank on the official website, Argentina abandoned the crawling pegged exchange rate mechanism and allowed the peso to float within the range. Argentina also said that the international monetary fund (IMF) will provide 15 billion US dollars in financial support in 2025.
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