Argentina aims to boost its central bank’s net international reserves by $10 billion this year, as per its IMF agreement. Post-drought agricultural recovery could aid this, yet JPMorgan & Chase flag import debts and sovereign dues as limitations. The bank reports that without fresh external funds, reserve growth faces challenges. Argentina owes about $4.9 billion […]
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Dollar Dips to R$5 Ahead of U.S. Inflation Data
Today, the dollar saw a decline, settling back to R$5, continuing the downward trend observed in the previous session. This retreat reflects the cautious stance of investors awaiting the release of U.S. consumer inflation data scheduled for tomorrow. Meanwhile, yields on U.S. Treasury bonds have decreased as the market waits for more data to adjust […]