argentina restores single forex market paving way for devaluation
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Argentina restores single forex market, paving way for devaluation

Egypt Today, egypt today

Egypt Today, egypt today Argentina restores single forex market, paving way for devaluation

US Fedral reserve
Buenos Aires - Arab Today

Argentine Finance Minister Alfonso Prat-Gay said Wednesday the country will scrap the foreign exchange restrictions that led to separate official and black-market rates for the peso, setting up a potentially painful devaluation.

"We are pleased to be able to announce the end of exchange rate restrictions," he told a press conference, saying the country "is normalizing its economy" after four years of forex controls under the previous president.

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argentina restores single forex market paving way for devaluation argentina restores single forex market paving way for devaluation



 
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