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Economy Thobela Gwaxula Economy Thobela Gwaxula

Trump rides to Milei’s rescue

Argentina’s President Javier Milei heaped praise on his US peer Donald Trump this week for helping to avert an incipient economic crisis. Sustained pressure on Argentina’s currency and economy this month led to the central bank (BCRA) burning through precious international reserves in a vain attempt to prop up the peso.

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