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The country’s foreign exchange reserves fell for the second consecutive week by $560 million to $263.91 billion. Reserves had fallen $107 million for the week ended July 3 to $264.47 billion.

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BUENOS AIRES -(Dow Jones)- Argentina’s new economy minister on Saturday promised to maintain many of the government’s policies, including high public works spending and a managed exchange rate, and tweaks at the discredited statistics institute would be minor.

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