Argentina Buys More Pesos From Brazil as Bill Shortage Worsens
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A shortage of bills that has led to lines and protests outside Argentine banks since mid-December may be resolved by next week after the country boosted imports of notes printed in Brazil.
“We believe this week we’ll normalize the situation in the biggest banks and the network of ATMs and we hope to have the situation totally normalized by next week,” said central bank Vice President Miguel Angel Pesce, in an interview today with Radio La Red.