Argentina's Redrado calls for fiscal prudence

Argentina's central bank president Martin Redrado called for fiscal prudence in the coming quarter to ensure inflation does not exceed 8 percent this year.

"We are probably at a top rate limit of around eight percent," Redrado told reporters in Okinawa, Japan, where he will take part from Sunday in the annual meet of the Inter-American Development Bank.

"Clearly, to keep this upper level of eight percent the second quarter is going to be crucial," he said. "The second quarter is going to be con

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