IMF supports Argentina’s efforts to tame inflation

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International Monetary Fund staff have praised recent measures implemented by the Central Bank of Argentina (BCRA) to bring inflation under control, speaking after a review of the ongoing support programme for the embattled economy.

On March 14, BCRA governor Guido Sandleris announced an end-2019 extension of the monetary base targeting regime, just after the publication of higher inflation data in February. Month-on-month inflation was 3.8% in February, up from 2.8% in January, say official

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