Category: Argetine peso

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Latam Countries Prepare Regional Agreement to Counter Rampant Inflation

March 4, 2023

A group of countries in Latam is preparing a regional agreement to address inflation, a problem common to most nations in the region. The initiative, which is being spearheaded by Mexican president Andres Lopez Obrador, would allow the exchange of products with high prices between the states to lessen the effects of price rises. Latam…
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Argentine Peso Loses Almost 12% Against the Greenback During January; Inflation Projected to Rise Sharply

January 30, 2023

The Argentine peso has fallen consistently against the U.S. dollar this month, losing almost 12% since Jan. 1. The behavior of the exchange rate for the informal “blue” dollar keeps bringing concerns about a possible escalade in inflation rates, that are predicted to reach almost 100% this year, similar to the rates registered in 2022.…
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