Argentina economy: Peso rises after interest rate jump
Argentina’s central bank raised interest rates for the third time in a week after the Argentine peso slumped against the US dollar on Thursday.
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Argentina‘s peso currency has rebounded after the government hiked interest rates again to 40 percent.
The central bank raised interest rates for the third time in a week.
The measures were taken to prevent another economic crisis.
Al Jazeera’s Daniel Schweimler reports from Buenos Aires
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Published On 5 May 2018