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The Nexus
BUSINESSJul 8 · 07:48 UTCTHE RIO TIMESMatias Sebastian Lopez

Argentina Hit Its Dollar Target Early. The Catch Is Net Reserves

Argentina's central bank met its annual dollar-buying target in six months by purchasing over $10 billion. Economy Minister Luis Caputo noted the potential to buy up to $24 billion at the current pace, but the catch is that these purchases don't reflect net reserves.

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