Milei Clashes With Top Banks Amid Argentina’s Liquidity Squeeze
The article discusses the tensions arising between Argentine President Javier Milei and the country's banks due to newly imposed liquidity measures. These measures, aimed at containing a peso selloff, have threatened the profitability of the banking sector, which was previously aligned with Milei's policy goals. The article suggests that the liquidity squeeze has created a clash between the president and the top banks in Argentina, as the banks see their profitability under threat from the government's actions. The article highlights the delicate balance between the government's efforts to stabilize the currency and the impact on the banking industry, which plays a crucial role in the country's financial landscape.
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