Argentine Peso recovers strongly and with no support from the Central bank

Friday, September 21st 2018 - 09:32 UTC

Full article 2 comments

The Argentine Peso reacted strongly against the US dollar on Thursday following on an abundant private supply of greenbacks to satisfy demand, which kept the Central Bank out of the market for the first time since the beginning of the month. The dollar fell 2.8% and ended trading below 39 Pesos. Read full article

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chronic
Bargain buyers show up.

C A P I T A L I S M
Sep 21st, 2018 - 12:45 pm - Link - Report abuse 0
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Enrique Massot
@MP

“Argentine Peso recovers strongly and with no support from the Central bank”

I love MP headlines. I suppose they do not want to worry people too much and besides, the dollar getting lower than $40 pesos after climbing like crazy may be big news to some.

To others, the dollar is just having a rest before restarting the race.

Thank you Macri.
Sep 27th, 2018 - 08:31 pm - Link - Report abuse 0
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