Argentina imposes currency controls as economic crisis deepens – business live

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Argentina imposes currency controls as economic crisis deepens – business live
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Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. The economic crisis gripping Argentina has taken a worrying twist, with the country’s government imposing currency controls in an attempt to support its economy. Following a 25% slump in the value of the peso during August, Argentina has taken the dramatic move to restrict exporters and citizens when purchasing foreign currency or making transfers abroad.

 

Hold your breath. The roller coaster will be encompassing the world. Once the petro dollar goes kaboom.

The IMF hit squad did a number on Argentina.

Brexit

Third world shithole.

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