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Currency as a lifeline
Published 4 months, 3 weeks ago
Description
Argentina’s Javier Milei needs dollars to keep his economic overhaul on track. The Trump administration’s financial support buys him time but doesn’t solve the problem of what to do with the peso. Argentina’s currency trades in a band to help fight inflation but critics say it is overvalued. Reuters chief correspondent for emerging markets Karin Strohecker joins host Carmel Crimmins to talk currency bands and geopolitics.
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