Tag: Marcó del Pont

• Thursday, March 21st 2013 - 06:14 UTC

  Urgent meeting of Argentine economic team as US dollar jumps 10% to 8.75 Pesos

  

  President Cristina Fernandez called an urgent meeting on Wednesday evening of her economic team following a day of hectic trading in the currency exchange market which had the US dollar climb to 8.75 Pesos in the parallel market, expanding the gap with the official rate to almost 70%.

• Monday, January 14th 2013 - 04:02 UTC

  Argentine government ‘dollar clamp’ suffers another court defeat

  

  A court in the Argentine province of Cordoba ordered the Banco Nación to sell US dollars to a teacher, after she was authorized by AFIP tax agency to purchase Brazilian Reais, but could not do so due to lack of currency.