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President Milei Proves Boon and Curse for Argentine Bank Stocks

Argentine banking stocks in New York are tumbling as the government slashes interest rates and crimps new borrowing, robbing them of the easy money that had been driving profits higher.

https://www.bloomberg.com/news/articles/2024-07-02/president-milei-proves-boon-and-curse-for-argentine-bank-stocks?utm_source=press.coop

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