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1) In January, @BancoCentral_AR bought $560 million, as continued tight monetary policy in #Argentina, and an assist from the Fed, strengthened the peso.
2) But in a new report, Itaú analysts do not project rapid disinflation, noting planned hikes in transportation and electricity prices this month, and upcoming wage negotiations for workers who saw real wage declines last year and who will be headed to the polls in October.
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