Thursday , 18 October 2018

Category: Economy

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Argentina shows Turkey how to stem a currency rout

Argentina shows Turkey how to stem a currency rout

One curious beneficiary of the Turkish lira’s parlous state is the Argentine peso. Not because investors are switching investments from Ankara to Buenos Aires; rather, the lira’s ...

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Argentina: What Just Happened And What’s Next?

Argentina: What Just Happened And What’s Next?

Summary Seeking Alpha - Argentina went through a confidence crisis over the last month, as external and internal factors coupled and pressured the currency. Macri's gradualist ref ...

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A bank in Argentina is now using bitcoin for cross-border payments

A bank in Argentina is now using bitcoin for cross-border payments

Argentina's Banco Masventas has revealed that starting Monday it will enable customers to send cross-border payments using bitcoin. A partnership with Latin America-focused exchan ...

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A new federal co-participation law should be sanctioned

A new federal co-participation law should be sanctioned

In exclusive dialogue with La Mañana, the economist Aldo Abram, executive director of "Libertad y Progreso", said that the national government should use the funds obtained from t ...

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Tough lessons from populism in argentina

Tough lessons from populism in argentina

President of Argentina Mauricio Macri attends the plenary session at the VIII Summit of the Americas, in Lima, Peru, 14 April 2018. The Summit of the Americas, which gathers heads ...

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The Argentine Peso’s Death Spiral

The Argentine Peso’s Death Spiral

A sharp selloff of the Argentine peso is sparking new inflation fears in South America’s second-largest economy. For a country that is heavily dependent on foreign capital and has ...

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Why has Argentina called in the IMF?

Why has Argentina called in the IMF?

It was an announcement Mauricio Macri hoped never to have to make. On May 8th Argentina’s exhausted-looking president declared that Argentina was seeking a credit line from the IM ...

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Argentina seeks $US30b IMF financing to address peso volatility

Argentina seeks $US30b IMF financing to address peso volatility

Financial Review - Argentina asked the International Monetary Fund for financing to help stem a five-month-rout in the peso that is sparking a surge in interest rates and threaten ...

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Cambiamos? Economic gradualism does not generate credibility

Cambiamos? Economic gradualism does not generate credibility

The Argentine central bank last Friday raised interest rates by another 675 basis points to 40%. A few weeks ago, Argentina found widespread pressure on emerging markets due to th ...

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The dollar puts Macri between the sword and the wall

The dollar puts Macri between the sword and the wall

Last week, we witnessed a true exchange rate as it had not been seen in the country for a long time. In a period of only 5 days, the Central Bank sold 7% of its international rese ...

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