Argentina’s Central Bank Intervenes in Currency Market to Support Peso
17 days ago
In a bold move to stabilize its embattled currency, Argentina's central bank has reportedly sold up to $400 million in a single day. This decision comes amidst escalating fears surrounding the peso's devaluation, which has been significantly impacted by ongoing economic turmoil and dwindling foreign reserves.
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Brazil Central Bank Intervenes in Currency Market Amidst Escalating Real Selloff
6 months ago
In a significant move aimed at stabilizing its rapidly depreciating currency, the Brazilian Central Bank has stepped into the foreign exchange market to combat the ongoing selloff of the real. This intervention comes as the real has faced mounting pressures, leading to a decline that has raised concerns among investors and policymakers alike.
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