Brazil/Argentina agree on deal to promote bilateral trade by guaranteeing 'dollar liquidity'

Monday, March 31st 2014 - 19:25 UTC

Full article 7 comments

Brazil and Argentina signed a deal over the weekend that seeks to guarantee importers will have enough U.S. dollars to pay for exports, a move to increase trade between both nations that has been hit hard by a sharp depreciation of the Argentine peso. Read full article

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ChrisR
“The (Argentina) country's reserves have plunged to 27.5 billion from a high of 52.7 billion in 2011, according to rating agency Moody's, which cut the country's rating further into junk earlier in March.”

Ha, ha, ha.

Does anybody think TMBOA has this sort of money ACTUALLY in dollars? I bet she has more actual dollars in her own offshore accounts than Argentina has. And she has “only” 250M USD it is claimed.

Brazil have bent over backwards for theses deadbeats, it’s about time the tanks moved onto the front lawn of Casa Rosada!

Ha, ha, ha, as if that will EVER happen: brotherly love, don’t you know!

This has been the best laugh I have had today.
Mar 31st, 2014 - 08:41 pm - Link - Report abuse 0
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*~TROLLING_CEASE_FIRE~*
All tha typing and you said nothing ChrisR.
Apr 01st, 2014 - 02:24 am - Link - Report abuse 0
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Captain Poppy
#2 titti boi tobi.....I am going to say nothing also.....to nothing.

Did your momma let you be off her titti and finally out to play? Did the sunlight hurt your eyes?
Apr 01st, 2014 - 04:41 pm - Link - Report abuse 0
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Briton
As the godmother stated???

Either your signature or your brains, will be on the document,

Your choice…
.
Apr 01st, 2014 - 06:30 pm - Link - Report abuse 0
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CabezaDura2
Well Argentina DID WIN the Cisplatine War after all and Brazil and Uruguay are still jumping as high as the Rosada tells them too.
Apr 01st, 2014 - 11:54 pm - Link - Report abuse 0
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Briton
Well they do say,
making an agreement and implementing it, are two different things,

we will see if it pans out ok..
Apr 02nd, 2014 - 10:36 am - Link - Report abuse 0
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GeoffWard2
Does this mean that Argentina recognises that it is her best interest to trade using the US$ rather than her own little peso?
Apr 03rd, 2014 - 10:18 am - Link - Report abuse 0
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