Argentine Central Bank takes action to keep exchange rate under control

Friday, November 5th 2021 - 09:29 UTC

Full article 3 comments

Argentina's Central Bank (BCRA) Thursday ordered banking institutions nationwide not to increase their holdings in foreign currency until the end of the month, amid a market pressure on the exchange rate. Read full article

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Zaphod Beeblebrox
History is repeating itself. Except Kirchnerism has dug an even bigger hole this time. Their popularity is now at a historic low. Have the Argentines finally realised that they’ve been repeatedly voting in a bunch of criminals who have no better idea that to repeat the mistakes of the past? If so, it has taken them a loooooong time!
Nov 08th, 2021 - 09:29 pm - Link - Report abuse 0
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imoyaro
Good to see you again, Zaphod. I think having an unpopular government is a state of being in Argentina. The only thing worse is a popular one...
Nov 10th, 2021 - 12:41 am - Link - Report abuse +1
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Zaphod Beeblebrox
Thanks Imoyaro. I've been somewhat busy with other things for the last 2 years and on the few occasions I tried logging on to MercoPress my browser was coming up with a security warning for some reason. It is definitely a lot quieter here these days. Is my former nemesis Reekie still around?
Nov 12th, 2021 - 11:10 pm - Link - Report abuse 0
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