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Argentina's stock and bond markets rose on Wednesday while the peso ended slightly weaker after the central bank allowed the currency to float freely, choosing to sell no dollars on the spot ...
Argentina on Friday announced a more generous exchange rate for U.S. dollars brought in through soy exports until the end of the year, seeking to rev up exports of its top cash crop and bring much ...
BUENOS AIRES/LONDON (Reuters) -Argentina's government devalued its currency by nearly 18% on Monday while the benchmark interest rate was raised by 21 percentage points to 118%, the central bank ...
USD to Argentine peso exchange rates, 1976–1991 USD to Argentine peso exchange rate, 1991–2022. The following table contains the monthly historical exchange rate of the different currencies of Argentina, expressed in Argentine currency units per United States dollar. [citation needed] The exchange rate at the end of each month is expressed in:
Later in 2018, the Federal Reserve of the United States increased interest rates from 0.25% to 1.75% and then 2%. This caused investors to return to the United States, leaving emerging markets. The effect, a rise in the price of the United States dollar, was modest in most countries, but it was felt particularly strongly in Argentina, Brazil ...
The Central Bank of the Argentine Republic (Spanish: Banco Central de la República Argentina, BCRA) is the central bank of Argentina, being an autarchic entity.. Article 3 of the Organic Charter lists the objectives of this Institution: “The bank aims to promote, to the extent of its powers and within the framework of the policies established by the national government, monetary stability ...
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That is despite the real economy being in reverse, hit by his spending cuts. Central bank dollar reserves have improved but remain in the red and half of Argentina's 45 million people live in poverty.