| 22 Dec 2015 10:07 | The Merkle (blog) |
While most people are accustomed to using fiat currency for remittance purposes, that solution might not be viable much longer in Argentina.
more| 22 Dec 2015 08:48 | Toronto Star |
The increase in rates, which the bank controls by deciding which offers to accept at auctions, came just two days before Argentina's new elected President Mauricio Macri let the peso float freely following a campaign pledge to dismantle currency ...
more| 21 Dec 2015 17:03 | AmeriPublications |
The decline, which moderated to 27 percent by the end of the day, brought the peso's official value closer in line with where it traded in the unregulated markets that Argentines used to skirt the controls. “But they are much more helpful in the long ...
more| 21 Dec 2015 12:11 | Bloomberg |
Argentina's peso climbed for a second day after Thursday's devaluation as grain exporters bring dollars to the country while importers held off on purchases of greenbacks as they awaited the implementation of new rules for accessing the market.
more| 16 Dec 2014 13:18 | Bloomberg |
With emerging market currencies tumbling from Russia to Brazil, Argentina sees no reason to devalue the peso, Central Bank President Alejandro Vanoli said.
moreThis exchange of dollars above the official rate is stoking fears that it could precipitate another devaluation of the Argentine peso, after the January 2014 devaluation that was the largest since the 2001-02 crisis. After peaking in late September ...
more| 21 Oct 2014 08:45 | Bloomberg |
A rout in Argentina's peso and concerns about the country's economy also meant farmers have hoarded soybeans left over from the last harvest, which are priced in dollars.
more| 01 Oct 2014 17:07 | Wall Street Journal |
BUENOS AIRES—Argentine President Cristina Kirchner replaced the head of the central bank Wednesday, a day after she accused bank employees of helping speculators pressure the beleaguered peso amid deepening economic woes in the South ...
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