RPT-Argentina’s $15 bln dollar burn stems peso rout – for now
Argentina has burned
through $15 billion in foreign reserves over the last month to
stabilize the peso, which crashed along with the country’s bonds
after a sharp electoral defeat for market-friendly president
Mauricio Macri.
through $15 billion in foreign reserves over the last month to
stabilize the peso, which crashed along with the country’s bonds
after a sharp electoral defeat for market-friendly president
Mauricio Macri.
Posted by Reuters