Argentine peso strengthens

ARGENTINA - It is now three days since Argentina allowed its currency, the peso, to float freely for the first time in more than a decade and so far the peso has held its own, contrary to many experts' predictions.

One Argentine newspaper says this is happening because the government has reached a secret deal with the commercial banks to prop up the currency.

However, whether or not this is true, the banks have totally lost the confidence of the Argentine public.

For the past three days excha

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