Argentine Peso slides to an all time low and country risk climbs to almost 800 points

At the end of Wednesday trading the dollar had reached 45 Pesos, a daily depreciation of 3% The Argentine Peso slid to all-time lows against the dollar as concerns about inflation, weak growth and October's presidential election weighed. The currency has lost 14% so far this year and the weakness raises fears of a repeat of the currency crisis of 2018 when the Peso lost half its value against the dollar.

Argentine Peso slides to an all time low and country risk climbs to almost 800 points Argentine Peso slides to an all time low and country risk climbs to almost 800 points Reviewed by Shahid Karimi on March 29, 2019 Rating: 5

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