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Argentina Unlocks Dollar Loans for Businesses | Argentina News
Argentina’s Central Bank just dropped a major economic move: banks can now lend dollars to businesses that earn pesos — a huge shift after years of restrictions. This rollback, aimed at jumpstarting growth and unlocking unused lending capacity, reverses safeguards from the 2001 meltdown when dollar-debtors collapsed amid currency chaos. The Milei administration hopes it’ll boost credit flow, lure undeclared dollars back into the system, and lower borrowing costs by letting firms choose cheaper dollar loans. While the IMF backs the change, analysts warn of currency mismatch risks ahead of…
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