BUENOS AIRES—Argentina’s central bank has shed $1.25 billion of its dwindling foreign-currency reserves since it devalued the peso last week, even as the currency came under renewed pressure on Thursday.
That could imperil President Cristina Kirchner’s latest attempt to head off a recession as inflation undermines confidence in the economy.
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Visit link: Argentina Loses $1.25 Billion of Foreign- Currency Reserves
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