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Argentines Seek Safety of U.S. Dollars, Despite Debt Deal

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Argentines are once again rushing to the safety of the U.S. dollar, a sign the country’s deal with creditors to restructure $65 billion in foreign debt has failed to restore confidence in government policies.

The agreement reached early this month to lower interest payments and extend debt maturities will provide the insolvent South American country with some $37 billion in debt relief through 2028. But there are signs of stress and rising scrutiny over the policies of nationalist President Alberto Fernández to contain the…

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