Central Banking

Argentine banks fear scandal's impact on economy

Argentina's panic-stricken banking sector called for swift government action on Feb 15, 2001 to resolve a money-laundering scandal that has enveloped the country's top central banker, saying it was threatening to derail the long-stagnant economy's nascent recovery. As the government sought to dispel pressure for Central Bank chief Pedro Pou to stand down over accusations he turned a blind eye to large-scale money laundering by Argentine banks, experts warned against any political efforts to oust

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