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US dollar hits a new record in Argentina despite auctioning US$ 200 million

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The Argentine peso has weakened 40.79% in 2018 and minister Dujovne has admitted that the economy is expected to contract 1% this year Argentina’s central bank auctioned a total of US$ 200 million of its reserves in two separate currency auctions on Tuesday after the peso hit new lows, the monetary authority said in a statement.

US dollar hits a new record in Argentina despite auctioning US$ 200 million US dollar hits a new record in Argentina despite auctioning US$ 200 million Reviewed by Shahid Karimi on August 30, 2018 Rating: 5

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