Argentina devalues peso, cuts spending in economic shock therapy
(Reuters) – Argentina will weaken its peso by more than 50% to 800 per dollar, cut energy subsidies and cancel public works tenders as part …
Peso
Mexico’s ‘super peso’ puts squeeze on US remittances
By Lizbeth Diaz and Noe Torres TLAXCALA, Mexico (Reuters) – Mexican mother-of-two Adriana Sanchez frets the $300 or so a month her husband sends from …
Mexico’s ‘super peso’ keeps gaining, but exports will likely suffer
By Noe Torres MEXICO CITY (Reuters) – Mexico’s peso currency has reached its highest value versus the U.S. dollar in seven years, as the president …
Argentine peso slips in parallel black market to all-time low
By Walter Bianchi BUENOS AIRES – Argentina’s peso surpassed the psychological barrier of 300 pesos per U.S. dollar in the black market on Tuesday, hitting …
Philippine cenbank’s modest rate-hike stance lifts bearish bets on peso- Reuters poll
By Savyata Mishra (Reuters) – Bearish bets on the Philippine peso grew as the central bank adopted a more modest approach than its peers to …
South Florida Electronics Exporter Pleads Guilty To Laundering Narcotics Proceeds Through The Black Market Peso Exchange
Damian Williams, the United States Attorney for the Southern District of New York, announced that earlier today, MARCELO IRIGOIN pled guilty to money laundering in …
San Gabriel Valley Man Sentenced to 3 Years in Federal Prison for Scheming to Launder Drug Money Via ‘Black Market Peso Exchange’
LOS ANGELES – A West Covina man was sentenced today to 36 months in federal prison for laundering more than $900,000 in drug money …