Argentine peso opens down over 50% vs dollar following devaluation
BUENOS AIRES (Reuters) – Argentina’s peso opened down 54.24% at 801 per dollar on Wednesday, following a devaluation of the currency carried out by the country’s new government as part of its…
Argentina peso at risk of another devaluation after election: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Argentina’s troubled peso currency is at risk of suffering another devaluation after October’s presidential election or a potential second round in November, a Reuters poll…
Argentina government: IMF had wanted “100%” peso devaluation
By Lucila Sigal BUENOS AIRES (Reuters) – Argentina’s government said on Thursday that major creditor the International Monetary Fund (IMF) had originally wanted a “100%” devaluation of the country’s embattled peso currency,…
Argentine peso steady after devaluation as central bank tightens control
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s peso was flat on Tuesday at 350 per dollar after the central bank guided a sharp devaluation a day earlier in the wake of…
Argentina’s presidential hopefuls face devaluation conundrum
By Anna-Catherine Brigida and Lucinda Elliott BUENOS AIRES (Reuters) – Argentina’s fractured opposition may not agree on much ahead of an upcoming Aug. 13 primary election but it has coalesced around the…
Egypt private sector shrinks in November after devaluation -PMI
CAIRO (Reuters) – Egypt’s non-oil private sector shrank in November at its sharpest rate since the outbreak of the coronavirus pandemic in early 2020, with a weaker currency weighing on the cost…
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