Argentina Lifts Rates to World-High, Seeks IMF Aid to Save Peso
The Buenos Aires Stock Exchange stands in Buenos Aires, Argentina. (Photographer: Sarah Pabst/Bloomberg)

Argentina Lifts Rates to World-High, Seeks IMF Aid to Save Peso

(Bloomberg) -- Argentina’s currency crisis deepened on Thursday as an emergency interest-rate increase to 60 percent failed to stop jittery investors from pulling their money out of the country.
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