Debt dollarisation poses dilemmas in Argentina
Efforts to encourage a short-term economic rebound may be storing up medium-term problems
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In this article
- Monetary tightening
- LEBACs stock
- Crowding-out effect
- Increasing financial dollarisation
- Growing foreign debt
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_350.jpg "A foreign exchange clerk sells dollars in the financial district of Buenos Aires (Reuters/Enrique Marcarian)")