For #Argentina, "there is no easy way out," according to a new @Citi report: defending the peso would drain @BancoCentral_AR reserves, but letting it depreciate further would worsen inflation (and could be recessionary).
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For #Argentina, "there is no easy way out," according to a new @Citi report: defending the peso would drain @BancoCentral_AR reserves, but letting it depreciate further would worsen inflation (and could be recessionary).
