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IDB Ponders Argentine Peso Issue

Nov 9, 2006

The Inter-American Development Bank (IDB) is considering launching a local-currency bond in Argentine pesos to add to those already issued in Mexican, Colombian,...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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