Notably, the government also sought to reassure markets by announcing a more ambitious deficit target for the year, 2.7% instead of 3.2%, which would help control inflation and reduce #Argentina's financing requirements.
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For anyone keeping track, here's the @BancoCentral_AR's announcement today that it had raised the interest rate to 40%, http://www.bcra.gov.ar/Noticias/Comunicado04mayo.asp ….
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