News Formal

Argentina vows to battle black market peso slide towards 500 per dollar

  • 📰 Reuters
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Argentina's Economy Minister Sergio Massa pledged on Tuesday to unleash 'all tools' to counter a dangerous slide in the peso currency, which has plumbed near 500 pesos per dollar in popular black markets amid wider economic fears.

Argentine one hundred peso bills are displayed in this picture illustration taken September 3, 2019. REUTERS/Agustin Marcarian/Illustration

The 7% plunge on Tuesday followed Monday's 4.6% daily decline, already the largest in nine months. The gap between the black and official rates of some 124% is the widest since last July, which warps prices and further fans high inflation.

"I'd be very surprised if this government devalues the official exchange rate before the presidential election, but it's probably one of the first things the next government will do."

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 2. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

These S&P 500 sectors are in positive earnings-revision territory, but tech has slipped, says RBCCompany earnings season for the first quarter is 'off to a decent start,' according to RBC Capital Markets.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »