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The Argentine Peso Is Plunging... Again

As Argentine truckers begin a one-day national strike, demanding wage increases to compensate for an unexpected surge in inflation and protesting President Macri’s economic policies, the peso is in fr.....»»

Category: blogSource: zerohedgeJun 14th, 2018

Argentine Peso Closes At Record Low As IMF Withholds $3 Billion Bailout Tranche

The bad news for Argentina keeps coming. Shortly after a late selloff pushed the Argentina Peso to a new all time low on .....»»

Category: blogSource: zerohedgeSep 14th, 2018

Argentina: emergency plan fails to ease pressure on peso

Argentine President Mauricio Macri has announced new t.....»»

Category: videoSource: reutersSep 4th, 2018

Argentina"s Currency Collapse - Hype Hits Reality

Authored by Rob Marstrand via OfWealth.com, Last Wednesday (29th August) the Argentine peso lost over 7% against the US dollar. Thursday it lost another 12.5%. It’s been cut in half over the p.....»»

Category: blogSource: zerohedgeSep 3rd, 2018

How Poor Communication Fed Argentine Peso’s Collapse

A currency crisis is driving Argentina deeper into a recession. The peso is down more than 50 percent so far this year, competing in a race-to-the-bottom with the Turkish lira as the worst-performing currency in emerging markets. An emergency measure.....»»

Category: topSource: washpostAug 31st, 2018

IMF says Argentina has its "full support", peso bounces

The Argentine peso traded higher Friday after the International Monetary Fund said the country has its "full support" as it grapples with a financial crisis that sparked a plunge the currency this week to an all-time low. In a .....»»

Category: topSource: marketwatchAug 31st, 2018

U.S. stocks drop on fear of escalated trade spat; Argentine peso roiled

The rally in U.S. stocks came to a halt on Thursday on new concerns that the U.S.-Chinese trade dispute will intensify, while economic turmoil in Argentina and Turkey sent those countries' currencies tumbling......»»

Category: topSource: reutersAug 30th, 2018

U.S. stocks drop on China trade worries; Argentine peso roiled

The rally in U.S. stocks came to a halt on Thursday on new concerns that the U.S.-Chinese trade dispute will intensify, while economic turmoil in Argentina and Turkey sent those countries' currencies tumbling......»»

Category: topSource: reutersAug 30th, 2018

U.S. stocks drop on China trade concerns; Argentine peso roiled

Gains in U.S. stocks came to a halt on Thursday as concerns rose among investors that the U.S.-Chinese trade dispute will intensify, while economic turmoil in Turkey and Argentina sent those countries' currencies tumbling......»»

Category: topSource: reutersAug 30th, 2018

Argentine peso hits record low

Argentina's President Mauricio Macri asked the International Monetary Fund for a $50 billion loan in an effort to restore investor confidence. CNN's John Defterios reports......»»

Category: videoSource: cnnAug 30th, 2018

Argentine Peso Crashes Back To Record Low - Emergency 1500bp Rate-Hike Fails

Update 2: Well that's not supposed to happen!! The peso has just collapsed back to its record lows... *  *  * Update 1: Having met pre-market, it appears the Argentina Central Bank (CBRA) decided that if things got worse they would 'emergency h.....»»

Category: blogSource: zerohedgeAug 30th, 2018

Fresh Stress Grips World"s Weakest Emerging-Market Currencies

The Argentine peso hit a record low and the Turkish lira resumed its slide, dramatizing the strains faced by emerging markets most vulnerable to a rising dollar......»»

Category: topSource: wsjAug 30th, 2018

Emerging Markets Report: Slammed Argentina, Turkey currencies keep emerging markets in spotlight

A record low for the Argentine peso and continued weakness for the Turkish lira keep emerging markets on investors’ radar......»»

Category: topSource: marketwatchAug 30th, 2018

Argentina Begs IMF To Speed Up Bailout Money As Peso Hits Record Low

Argentine President Ma.....»»

Category: blogSource: zerohedgeAug 29th, 2018

Contagion Hits Latin America: Argentine Peso, Brazilian Real Plummet

While the Turkish managed to stabilize (if that's the right word), it appears Europ.....»»

Category: blogSource: zerohedgeAug 13th, 2018

Argentina Needs An Amputation

Authored by Fergus Hodgson via The Epoch Times, The Argentine peso has lost a third of its value relative to the U.S. dollar in the space of .....»»

Category: blogSource: zerohedgeJul 24th, 2018

Argentine "Kitchen Sink" Support Fails: Peso Plunges Back Near Record Lows

Update: Who could have seen that coming?   *  *  * Argentina's central bank is once again the only (dollar) seller in t.....»»

Category: blogSource: zerohedgeJun 18th, 2018

Argentine Bank Stocks Dump But Peso Jumps On Central Bank "New Measures"

Argentina's central bank is once again the only (dollar) seller in.....»»

Category: blogSource: zerohedgeJun 18th, 2018

Argentina has shanghaied the IMF once again

Reuters/Marcos Brindicci The Argentine peso has been dropping to all-time lows versus the dollar. That's despite a 40% r.....»»

Category: topSource: businessinsiderJun 16th, 2018

Peso Plunge Resumes - Time To Fire Another Argentine Central Bank Chief

Update: Less than two hours after BCRA's old chief quit and the new chief prompted a 4% ramp in the peso "due to his credibility", the currency has collapsed back to its record lows once again... And the 'Century' bonds are now trading +5.....»»

Category: blogSource: zerohedgeJun 15th, 2018

The Argentine peso is soaring amid an unusual central-bank shake-up

AP/V.....»»

Category: topSource: businessinsiderJun 15th, 2018