By Hugh Bronstein and Jorge Otaola BUENOS AIRES (Reuters) - Argentina's peso lost as much as nearly one-fifth of its value on Thursday despite the central bank's hiking its benchmark interest rate to a dizzying 60 percent as investors panicked over President Mauricio Macri's handling of an economic crisis.
from Latest News Business on Firstpost https://ift.tt/2Nzz87E
Friday, 31 August 2018
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Argentina to announce new economic measures after peso freefall
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