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Currency News

EMERGING MARKETS-LatAm markets, currencies up on weaker US dollar, higher oil ...

14 Feb 2018 17:03Reuters
The Mexican currency also firmed, up 0.48 percent in a day of volatile trading to reach 18.56 pesos per U.S. dollar. The peso's gains were, in part, due to comments by Economy Minister Ildefonso Guajardo indicating the government is willing to have the ... more

Shift by Argentina's central bank rings alarm bells

31 Jan 2018 09:11Financial Times
Having breezily fielded varied questions in fluent English, Argentina's president quickly switched into Spanish to make clear that its governor, Federico Sturzenegger, enjoyed “absolute independence” to manage monetary policy “as he sees fit”. more

EMERGING MARKETS-Mexican and Argentine currencies fall amid index gains

26 Dec 2017 15:56Reuters
(Updates prices) By Bruno Federowski SAO PAULO/MEXICO CITY, Dec 26 (Reuters) - Mexico's peso on Tuesday slid to its weakest level in almost 10 months due to ongoing concerns over inflation and the potential impact of new U.S. more

Argentine peso rises after Macri allies' strong showing in mid-term election

23 Oct 2017 08:07Nasdaq
BUENOS AIRES, Oct 23 (Reuters) - Argentina's peso currency opened 0.84 percent stronger at 17.295 per dollar on Monday after business-friendly President Mauricio Macri's coalition picked up seats in both houses of congress in mid-term elections on ... more

Morgan Stanley Isn't Buying This Week's Argentina Peso Rally

18 Aug 2017 08:52Bloomberg
The peso is bound to drop because of Argentina's high inflation and widening current account deficit, which is growing as portfolio flows to the country taper from the highs seen after Macri unexpectedly won election in November 2015. more

UPDATE 1-Argentine peso strengthens after mid-term primary election

14 Aug 2017 08:52Business Insider
BUENOS AIRES, Aug 14 (Reuters) - Argentina's peso opened 3.27 pct stronger at 17.14 per dollar on Monday after a mid-term legislative primary election was seen as favoring business-friendly President Mauricio Macri's reform effort. more

Argentine Peso rises against the US dollar as Central Bank shows its muscle

01 Aug 2017 02:17MercoPress
Argentina's Peso rose against the dollar on Monday for the first time in two weeks, after the central bank intervened in the foreign exchange markets on Friday to halt the currency's rapid decline to historic lows, when it reached 18 Pesos. more

Argentine peso breaks sharp slide after central bank intervenes

31 Jul 2017 16:22Reuters
BUENOS AIRES, July 31 (Reuters) - Argentina's peso currency rose against the dollar on Monday for the first time in two weeks, after the central bank intervened in the foreign exchange markets on Friday to halt the peso's rapid decline to historic lows. more
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