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New peso-greenback currency band could mean 23% devaluation
11 Apr 2025 22:46 GMT
Argentina has introduced a new exchange rate band for the peso, ranging from 1,000 to 1,400 per US dollar, following the removal of currency controls earlier this week and the announcement of a new financing agreement with the International Monetary Fund ( …
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Economists expect MAS to hold currency band steady amid sticky prices
11 Oct 2024 03:45 GMT
… , centre and width of its currency band steady, though policymakers may strike …
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IMF finishes Argentina visit amid doubts over reserve accumulation
28 Jun 2025 22:09 GMT
… exchange rate is over the currency band’s floor (AR$1,000 …
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Lanka raises rates, relaxes currency band to secure IMF funds
07 Mar 2023 03:38 GMT
… said it would relax its currency band to move towards a market … , he said guidance on the currency band would be removed from next …
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Sri Lanka to relax currency band as it moves towards market-driven exchange rate
06 Mar 2023 08:53 GMT
… : Sri Lanka will relax its currency band from next week, its central … from Britain in 1948.
The currency band was widened earlier on Friday … Weerasinghe said guidance on the currency band would be removed from next …
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Sri Lanka raises rates, relaxes currency band to secure IMF funds
03 Mar 2023 20:44 GMT
… said it would relax its currency band to move towards a market … , he said guidance on the currency band would be removed from next …
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Sri Lanka to relax currency band as it moves towards market driven exchange rate
03 Mar 2023 15:13 GMT
CURRENCIES
Reuters/REUTERS
The central bank also raised interest rates by 100 basis points to tackle inflation now running at 50% as the country endures its worst financial crisis since independence from Britain in 1948
Uditha Jayasinghe, Reuters News …
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Argentina’s Central Bank strikes US$2 billion repo with international banks
12 Jun 2025 03:03 GMT
… exchange rate is above the currency band.
The currency band scheme, part of an …
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Currency Band Definition, Examples And Major Highlights
04 Aug 2022 19:59 GMT
… it functionsDefinition of Currency Band
A currency band is a … currency band that has been used recently.
How does the Currency Band Work?A currency band … of How the Currency Band Works?
Currency bands are being … partner fairly stable.
Currency bands are a more …
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Argentina issues new bond as government refuses to buy dollars
27 May 2025 22:45 GMT
… deal, the country adopted a currency band scheme. The dollar is allowed … is the floor of the currency band.
“In short, we believe that …