Tag: Mercedes Marco del Pont

• Saturday, October 9th 2010 - 00:21 UTC

  Argentina claims IMF wants rich world’s “stagnation” exported to developing countries

  

  “The IMF wants to make us believe that the policies which caused the crisis are now going to be part of the solution”, said Argentina’s Central bank president Mercedes Marcó del Pont following the opening of the IMF/World Bank annual assembly.

• Monday, September 27th 2010 - 15:31 UTC

  Argentina retains a “competitive peso” in spite of global inflows of US dollars

  

  Contrary to what is happening in the rest of emerging markets Argentine government efforts to weaken the peso are working. In the past three months the peso has declined 0.8% against the dollar, while for Mercosur associates Brazil and Uruguay their currencies have strengthened in the range of 3 to 5%.