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President Javier Milei

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Argentina economy under strain, July 2026

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Latest: Argentina banks offer up to 23% annual rates on 30‑day fixed‑term deposits

The Argentine peso kept weakening, with the official wholesale dollar near 1,500 ARS and the informal “blue” rate touching 1,560 ARS. President Adrián Ravier warned the official rate could rise to 1,800 ARS, widening the