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Montevideo, May 2nd 2024 - 19:01 UTC

Tag: debt notes

  • Wednesday, October 24th 2018 - 08:40 UTC

    Argentine Peso slips on Tuesday; central bank sells debt notes at a rate of 71.39%

    The central bank sold 110.929bn pesos (about US$ 3 billion) worth of the seven-day notes on Tuesday with an average annual interest rate of 71.392%, traders said

    Argentina’s peso slipped on Tuesday, a day after the central bank’s new governor reassured the public that its approach to taming the country’s rocky economy would be sustainable over the medium term. The peso closed 0.46% weaker at 36.65 per U.S. dollar. The currency has fallen 0.30% against the dollar this week, although it has climbed 12.63% since the beginning of the month.