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Currency News

Argentina's currency nosedives again this year

29 Dec 2017 09:34CNNMoney
Argentina's famous steak and wine will be a little cheaper for foreign travelers next year -- and more expensive for locals. more

Argentine peso firms 3.2 pct as investors snap up cenbank securities

11 Mar 2016 14:01Reuters
"The trend in favor of the peso is down to the pressure generated by the high interest rates on central bank notes," said Fernando Izzo, a broker at exchange house ABC. more

MarketsArgentine peso in biggest one-day drop since float

05 Jan 2016 14:26Financial Times
The Argentine peso is finding life as a free floating currency isn't all that it's cracked up to be. The currency fell by as much as 5.3 per cent to 13.89 per dollar on Tuesday, its biggest one day drop since President Mauricio Macri lifted capital ... more

American Airlines No Longer Accepts Argentine Peso – Opportunity for Bitcoin

26 Nov 2015 11:37The Merkle (blog)
According to the statement released by American Airlines, the company is no longer accepting Argentine Peso payments due to “no inventory available for purchases in this currency due to repatriation issues”. more

Argentine Currency Showdown Looms as Vanoli Vows to Stay On

18 Nov 2015 09:00Bloomberg
Opposition candidate Mauricio Macri's pledge to end Argentine currency controls should he win Sunday's election just got harder after the central bank president vowed to stay on, criticizing any attempt to devalue the peso. Alejandro Vanoli, whose term ... more

Argentina's Black-Market Peso Weakens as Macri's Prospects Slip - Bloomberg ...

21 Jul 2015 13:11Bloomberg
Argentina's black-market peso declined to a nine-month low on speculation the chances of victory for opposition presidential candidate Mauricio Macri have deteriorated. more

In snub to US, Argentina turns to China ahead of default

20 Jul 2014 19:45New York Post
Just ahead of Argentina's possible default at the end of this month, the embattled country is looking to Russia and China in what appears to be an attempt to snub the US courts and “vulture funds” like Singer's that demand Argentina repay its debt in full. more

Time to Invest in Emerging Markets?

20 Jul 2014 15:15Memphis Daily News
In the last year, the Argentine peso and Ukrainian hryvnia have both dropped about 30 percent versus the dollar. However, at the opposite end of the spectrum, the Korean won has actually appreciated 7 percent. more
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