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Argentina's last-ditch effort to secure International Monetary Fund cash with measures that will weaken the peso risks pushing triple-digit inflation even higher and angering voters just three months before national elections. Economists said steps unveiled on Monday by Economy Minister Sergio Massa, himself a presidential hopeful, were unlikely to dampen inflation that is already running at over 115% a year. "The government was pointing at the two slight declines in monthly inflation as a sign of success, but that is likely to change," said Buenos Aires-based economist Eduardo Levy Yeyati.

City ofUnited kingdomBuenos airesDistrito federalNew yorkUnited statesRodrigo camposAlejo czerwonkoEduardo levy yeyatiLucinda elliottKarin stroheckerAnna catherine brigidaSergio massaCatherine evansInternational monetary fundEconomy minister sergio massa