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01/04/2002 10:24 PM ID: 15341 Permalink   

Argentina Devalues Currency

 

Argentina's newly installed president signalled today the he would be devaluing the Peso by as much as 40 percent by de-linking it from the dollar, abandoning a mechanism that has been seen as a stabilizing force for Argentina's economy.

 
  Source: msnbc.com  
    WebReporter: mjstrain Show Calling Card    
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