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Central Bank Supporting Peso, Legislation Committee Discuss IMF Bill

ARGENTINA
  • Argentina’s legislation committee discusses a bill to create a payment fund for debts owed to the IMF after bill passed through lower house.
  • Argentina’s central bank sold $190m on May 31 to support the peso, according to data provided by Gustavo Quintana, a currency trader at PR Corredores de Cambio in Buenos Aires. (BBG)
    • It’s the bank’s biggest daily FX sales since Oct. 29: Quintana

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