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Argentina suspends debt payments and launches new currency plan
Argentina's interim president Adolfo Rodriguez Saa halted $132 billion debt payments in a temporary moratorium and proposed printing a new government IOU currency to fund salaries and pensions. He aims to renegotiate with creditors and seek international sympathy while resisting dollarization and devaluation.
MENTIONED IN THIS ARTICLE
Buenos Aires
Argentina
Adolfo Rodriguez Saa
Saa
Fernando de la Rua
Wall Street
Nelson Rodriguez
Rodriguez Saa
de la Rua
International Monetary Fund
US Treasury
Italy
Spain
Rodriguez San
Peronist Party