Buenos Aires-Argentina President Mauricio Macri said Wednesday he will impose a 90-day freeze on oil-product prices as part of a battery of measures to assist consumers and small businesses after a plunge in the exchange rate this week accelerated an annual inflation rate already above 55%. The freeze will shield diesel and gasoline prices from the peso’s drop against the dollar since Monday, Macri said in a taped televised speech. The peso plummeted to 58.33 to the dollar on Tuesday from 46.55 on Friday, according to the central bank.
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