The South American nation is battling to bring down inflation that hit 109% on an annual basis in April, tumbling confidence in the peso and dwindling foreign currency reserves that are threatening the government's finances.
Argentina announces package of measures to rein in inflation, bolster peso
Argentina's government announced a package of measures to rein in soaring inflation and support the wobbly peso currency on Sunday, including rate adjustments, more interventions in the exchange market and sped-up deals with creditors.
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Reuters
