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EMERGING MARKETS-Argentina stocks, peso rebound as IMF talks stir optimism

09.05.2018 · Posted in Business News Article
Argentina's benchmark stock index jumped more than 4 percent on Wednesday and the peso currency appreciated after the government raised the prospect of a new deal with the International Monetary Fund (IMF) after two days of talks in Washington. The peso closed 1.38 percent stronger at 38.52 per dollar on Wednesday, marking a rare pause in losses that have shaved more than 50 percent off its

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