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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Argentina’s peso has defied many analysts’ expectations and avoided a sharp fall following the relaxation of its fixed exchange rate this month, prompting libertarian President Javier Milei to mock economists who had warned of a much bigger drop.
The peso has swung dramatically since its April 14 partial float, before which it was set at 1,068 to the dollar by the…
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