Tag: argentina elections

• Thursday, March 28th 2019 - 09:39 UTC

  Argentine Peso slides to an all time low and country risk climbs to almost 800 points

  

  The Argentine Peso slid to all-time lows against the dollar as concerns about inflation, weak growth and October's presidential election weighed. The currency has lost 14% so far this year and the weakness raises fears of a repeat of the currency crisis of 2018 when the Peso lost half its value against the dollar.

• Wednesday, March 27th 2019 - 08:48 UTC

  Argentine financial markets jittery over October elections uncertainty

  

  Investors in Argentina are starting to get the jitters. The gap in yield between local and U.S.-issued bonds has roughly doubled in the last month in the face of stubborn inflation and mounting peso outflows, heaping pressure on President Mauricio Macri ahead of elections later in the year.

• Friday, March 8th 2019 - 08:58 UTC

  Argentina's Peso hit a record low to the dollar weakening 4%

  

  Argentina’s struggling currency hit a record low against the dollar on Thursday, weakening over 4% to close at 42.5 pesos per dollar, a challenge for President Mauricio Macri as he looks to right the economy ahead of elections in October.