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President Milei Proves Boon and Curse for Argentine Bank Stocks

(Bloomberg) — Argentine banking stocks in New York are tumbling as the government slashes interest rates and crimps new borrowing, robbing them of the easy money that had been driving profits higher. Most Read from Bloomberg New York-listed shares of Banco Macro, BBVA Argentina, Grupo Supervielle and Grupo Financiero Galicia have dropped at least 18% […]

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