Economics
Argentina Moves Again to Bolster the World's Weakest Currency
- Central bank to keep key Leliq interest rate above 60 percent
- Bank continues to reduce amount of cash in circulation
Argentine peso banknotes.
Photographer: Sarah Pabst/BloombergThis article is for subscribers only.
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Argentina’s central bank said it won’t allow its key interest rate to drop below 62.5 percent in April, buttressing its campaign to protect the peso.