Argentina announces new round of currency controls amid economic crisis

FILE PHOTO: A man shows Argentine pesos outside a bank in Buenos Aires' financial district, Argentina August 30, 2018. REUTERS/Marcos Brindicci/File Photo - RC18114DEA20/File Photo

BUENOS AIRES (Reuters) – Argentina’s central bank late on Wednesday announced further currency controls in an effort to tame speculation and stem a spiraling debt crisis in Latin America’s third largest economy. The new measure requires anyone purchasing foreign currency to present a sworn oath promising to wait at least five days before using it […]

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