Argentine economy expected to grow 6.2% in 2021: central bank poll

RIO DE JANEIRO, BRAZIL – Argentina’s economy is expected to grow 6.2% in 2021, according to a central bank poll on Friday, while annual 2021 inflation was seen at 48.1%, a slight improvement over the previous month’s forecast.

The poll, based on a survey of 43 experts, estimated that the average nominal exchange rate would hit 118.6 pesos per dollar in December 2021 and 163.65 pesos per dollar by the end of 2022.

The monthly poll, carried out from February 24th-26th, said closely watched monthly inflation was likely to have been around 3.5% in February.

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