Central Bank optimistic about future of post-bond swaps – Buenos Aires Times

Central Bank optimistic about future of post-bond swaps – Buenos Aires Times

Central Bank Governor Miguel Ángel Pesce said on Tuesday that closing the debt swap would ease pressures on currency markets and improve economic expectations.

“We believe that we will gain calm with the bond swap and that the productive sector will have better access to foreign exchange markets to meet its needs,” Pesce said in a statement.

The day the official exchange rate was 77.97 pesos to…

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