As expected, the Fund's Board of Directors approved the review of Argentina's program, although it made it clear that Massa failed to meet all goals. The IMF applauds the fiscal effort promised by...
Tension is rising in the FX market: the blue-chip rose to AR$ 5.16
Weekly Reports |
Back to
Back to :
Tension is rising in the FX market: the blue-chip rose to AR$ 5.16
Fourth week
March 2012
Tension has been high in the FX market since the Government announced its intention to change the Central Bank Charter on March 1st.
The parallel dollar rose 20 cents in the last 3 weeks –a 4.0% devaluation –, from AR$ 4.70 to AR$ 4.90.