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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