The United States must do more than prop up Argentina’s flagging peso. It must encourage foreign direct investment.
Argentina's currency crisis will not be resolved with a "one shot" fix, Economy Minister Martin Guzman told Reuters, indicating a continued slow decline for the peso rather than a sudden devaluation.
Independent.ie on MSN
$20bn US lifeline staves off currency crisis fear for Milei
A $20bn (€17bn) lifeline from the US is almost certain to keep Argentina’s president Javier Milei from being engulfed by a currency crisis in the run-up to key mid-term elections this month. After the ...
More Argentines have traveled to Chile this year than have people from every other country combined, with their purchases ...
The US Treasury has intervened in Argentina’s currency market for the first time, as the Trump administration tries to help ...
President Trump has offered support to ally Javier Milei as he grapples with Argentina's current economic challenges.
As the United States grapples with mounting fiscal pressures and an increasingly precarious debt trajectory, President Donald Trump’s systematic assault on Federal Reserve independence represents a ...
Donald Trump’s administration is planning to hand Javier Milei a $20bn (£15bn) lifeline as the Argentine president battles a currency crisis. Washington is in negotiations to establish a $20bn ...
Speaking at a press conference on Thursday at the Arthur Chung Conference Centre (ACCC), Dr Jagdeo said: “There is no crisis in the foreign currency market.” ...
Opinion
Opinion
The Zimbabwe Independent on MSNGolden promise against the ghost of past currency crises
This latest attempt to de-dollarise the economy faces a formidable challenge: overcoming a tumultuous history marked by hyperinflation and five previous failed currency regimes. ZIMBABWE’S central ...
The dominant currency paradigm posits that dollar invoicing reduces the potency of exchange rate depreciations in boosting export volumes. This implies that export elasticities with respect to the ...
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