Since its freefall earlier this summer the Argentine peso continues to hold very little value, trading at about 39 pesos per U.S. dollar. Just four months ago, the peso was worth a much stronger 20 pesos per dollar, which is nearly a 50 percent depreciation in 120 days. The currency depreciation crisis mirrors crises occurring […]
Tag Archive | Argentina
Argentina’s Currency Crisis Sparks Global Concerns on Emerging Markets
Posted on September 6, 2018.
Posted in Economic Security, Economics, Global Economy, World
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