Argentina's central bank used $50 million in its own reserves, for the firs...
FILE PHOTO: A man shows Argentine pesos outside a bank in Buenos Aires' financial district, Argentina August 30, 2018. REUTERS/Marcos Brindicci
BUENOS AIRES - Argentina’s central bank used $50 million in its own reserves, for the first time since September last year, to intervene in the foreign exchange market and defend the peso in the face of a massive sell-off, traders said.President Mauricio Macri’s poor performance in Sunday’s primary election sparked a 30% crash of the local currency on Monday, triggering concern on Wall Street that the central bank may strain its reserves with large-scale dollar sales.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
25 Cute and Comfy Pairs of Flats, All Under $50Cute AND affordable.
Baca lebih lajut »
Hawkish Norway to press on with rate hikes after August pause: Reuters pollNorway's central bank is expected to keep interest rates on hold on Aug. 15...
Baca lebih lajut »
The Best Lighted Makeup Mirrors on Amazon, According to Reviewers'This makes me feel gloriously pretty as I get ready'
Baca lebih lajut »
Argentine Peso Dives After President DefeatedArgentina markets were reeling on Monday after pro-business President Mauricio Macri suffered a resounding defeat in a primary election that appeared to pave the way for the election of his leftist opponent.
Baca lebih lajut »
Argentine peso collapses as Macri's re-election chances dropArgentina’s beleaguered peso currency collapsed after market-friendly President Mauricio Macri’s worse-than-expected performance in the country’s primary election on Sunday
Baca lebih lajut »
Duchess Meghan addresses false weight loss claimsMeghan Markle has been forced to defend herself after a company has falsely used her name to sell diet pills. Find out more
Baca lebih lajut »