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Tag: Argentine Peso

RIO DE JANEIRO, BRAZIL - The exchange rate and the stock market show resilience, despite internal uncertainties, sustained by the inflow of foreign funds. The flow is assured by the favorable seasonality of the trade balance, driven by the rise...
RIO DE JANEIRO, BRAZIL - The Federal Reserve Bank's decision to print money was taken to counter the economic recession effects triggered by the covid-19 pandemic. In parallel, the interest rate was lowered and is now close to zero. When...
RIO DE JANEIRO, BRAZIL - Argentina’s currency crisis will not be resolved with a “one shot” fix, Economy Minister Martin Guzman told Reuters, indicating a continued slow decline for the peso rather than a sudden devaluation. As the South American...
RIO DE JANEIRO, BRAZIL - Some things never change. The Argentine peso is set to close 2020 as the worst-performing currency among emerging markets for the sixth year in a row. Or, to put it in perspective, this would be...

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