Argentina's Government to Sell Dollars in Financial Market to Stabilize Peso
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#109baaec ver:0.39

Argentina's government plans to stabilize the peso by selling dollars in the financial market. The country faces economic challenges as it enters 'Phase 2' of its economic plan, with falling shares, a depreciated peso, and increased risk. Despite this, Argentina recorded a historic trade surplus in May. Informal exchange rates have also increased, prompting the government to sell dollars to absorb pesos and combat inflation. Critics argue this intervention is similar to previous administrations. In Colombia, the US dollar closed above $3,880 due to Middle East uncertainty. #Argentina #economy #peso #trade #inflation #Colombia...

#newstr #Argentina #Peso #Inflation #FinancialMarket #UsDollars 

 https://here.news/story/109baaec?ver=0.39