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Argentine Peso and equities end the week back on skid row

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The US dollar was trading at almost 30 Argentine Pesos on Friday afternoon until it finally closed at 28.85, with a daily depreciation vs the greenback of 2.53% After a week of relative stability, the Argentine peso slid more than 2.5% percent on Friday, as an economic crisis marked by high inflation, wobbly growth and an outflow of capital began to bite again.

Argentine Peso and equities end the week back on skid row Argentine Peso and equities end the week back on skid row Reviewed by Shahid Karimi on July 02, 2018 Rating: 5

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