Argentina Business - Argentine Economy - Page 4 of 4

Argentina discloses poverty data after three-year - Page 4 - Politics, Business, Civil, History - Posted: 1st Oct, 2016 - 11:52am

Text RPG Play Text RPG ?
 

+  1 2 3 4 
Posts: 26 - Views: 3494
Argentina Business Argentina Economy - Economics
17th Dec, 2015 - 12:19am / Post ID: #

Argentina Business - Argentine Economy - Page 4

Argentina has floated the peso vs the US dollar. While it will encourage investment I have concerns that it may take Argentina towards the path that Venezuela has already arrived See this. It is not easy to bring down a 30% inflation rate and the move might actually increase the inflation rate. Oddly enough the US Federal reserve has raised interest rates to 2.5% meaning the cost of doing business with the US will also increase.

international QUOTE
There are concerns the lifting of currency rules could lead to a run on banks by Argentines eager to buy dollars. The nation's foreign reserves are just over $24 billion, a very small amount for an estimated $600 billion economy. Ref. Source 7v


International Level: International Guru / Political Participation: 3208 ActivistPoliticianInternational Guru 100%


Sponsored Links:
Post Date: 1st Oct, 2016 - 11:52am / Post ID: #

NOTE: News [?]

Economy Argentine Business Argentina

Argentina discloses poverty data after three-year gap;

Argentina's government has released poverty figures for the first time in three years, revealing that nearly one-third of the population is living below the breadline. Ref. Source 1t.

+  1 2 3 4 

 
> TOPIC: Argentina Business - Argentine Economy
 

▲ TOP


International Discussions Coded by: BGID®
ALL RIGHTS RESERVED Copyright © 1999-2024
Disclaimer Privacy Report Errors Credits
This site uses Cookies to dispense or record information with regards to your visit. By continuing to use this site you agree to the terms outlined in our Cookies used here: Privacy / Disclaimer,