
Milei Clashes With Top Banks Amid Argentina's Liquidity Squeeze
Bankers argue that the new provisions, which require institutions to hit reserve requirements on a daily basis instead of monthly, are inefficient and costly. Major financial institutions are preparing a document with recommendations for operational changes to present to the central bank, according to two people with direct knowledge of the matter.
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Tariff, Inflation Fears Led Fed To Avoid Rate Cut In July, Meeting Minutes Show
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Bloomberg
an hour ago
- Bloomberg
Argentina's Economy Extends Downturn in June Before Midterms
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