DUBAI/WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler …
Read More »Argentina’s extraordinary rate hike could be just the beginning
Bloomberg Argentina investors say the central bank’s extraordinary effort to bolster the peso may be just the beginning, with more such actions to be expected if the currency doesn’t stabilise soon. Policy makers’ decision to raise the key interest rate 3 percentage points to 30.25 percent, a surprise move announced just days after they held borrowing costs, led the peso …
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