He added that while the payment would be made in Argentine pesos rather than dollars, there may be a “scaling” mechanism to prevent companies from losing out because of exchange rate volatility.
more| 04 Jul 2017 23:41 | The Market Mogul |
Argentina is holding mid-term elections in October, and the polls showed Kirchner neck and neck with Macri's party in a key race in the province of Buenos Aires.
more| 06 Oct 2016 08:18 | Financial Times |
Alongside sterling's latest drop to a new post-Brexit vote low of $1.2621 - putting it on course to beat the Argentine peso as the worst performing currency this year - investors are losing their appetite for British government bonds, leading to a ...
more| 08 Jul 2016 05:06 | Bloomberg |
The pound headed for a third week of declines spurred by the Brexit vote, winning itself the title of 2016's worst performer among major currencies.
more| 23 Jun 2016 15:48 | Bloomberg |
"Central Bank intervention might be one reason why the peso is weakening," Aguirre said in an interview. "Certainly that was why last week.
more| 30 Dec 2015 15:05 | Los Angeles Times |
16, when Macri's center-right government abolished the subsidized rate, the peso was officially trading at about 9.5 to the dollar, but shops like Garcia's were offering around 14 to the dollar.
more| 20 Dec 2015 16:18 | Economic Times |
Argentine peso lost nearly quarter of its value on Thursday following the abandonment of the peso-dollar parity. The sharp fall in the currency of the second largest Latin American country prompted investors to sell the stock of Bajaj Auto, which earns ...
more| 18 Dec 2015 15:56 | Market Realist |
The US dollar and Argentine peso currency pair, which is inversely related to the Argentine peso, rose by 35.6% on December 17, 2015.
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