Argentina's Central Bank raises its benchmark interest rate by 300 basis points to 81% in response to March inflation data.
Articles
By: Scott Squires
El presidente argentino, Alberto Fernández, no se postulará para la reelección, según un video publicado en su cuenta oficial de Twitter.
Argentina President Alberto Fernandez won’t run for reelection, according to a video posted on his official Twitter account.
Gramercy Funds Management, uno de los alcistas más leales de Argentina, pronostica una vez más la recuperación de los US$65.000 millones de la asediada deuda externa del país, justo cuando los bonos se desploman a mínimos del año.
Argentine brokerage Max Capital Valores said it “deeply regretted” spreading misinformation over a currency devaluation of the nation’s official exchange rate.
Argentina’s Economy Minister Sergio Massa vowed to staunch a collapse in the nation’s parallel currency rates as the peso’s worth slumps to record lows.
Argentina’s Economy Minister Sergio Massa vowed to staunch a collapse in the nation’s parallel currency rates as the peso’s worth slumps to record lows.
By: Ignacio Olivera Doll, Scott Squires
Argentina is moving closer to a breaking point as the government’s desperate measures fail to halt a plunge in the peso, raising the risk of a currency devaluation that President Alberto Fernandez pledged would never happen.
Argentina’s fight to prevent its problematic currency from a total meltdown is leaving the central bank, by some estimates, broke.
By: Karl Lester M Yap, Scott Squires
Investors are planning to ramp up bets in emerging markets, according to the latest Markets Live Pulse survey — a sign the asset class is becoming a favorite for those wary of a US recession.