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11 months ago

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Argentina curbs provinces' FX access to pay back foreign debt

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Argentina curbs provinces' FX access to pay back foreign debt

In a bid to safeguard its dwindling hard currency reserves, Argentina's central bank issued a new regulation on Thursday to require provinces with foreign currency debt to obtain their own financing for 60% of capital repayments.

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Argentina curbs provinces' FX access to pay back foreign debt

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Argentina curbs provinces' FX access to pay back foreign debt

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