Friday, 31 August 2018

NPR News: Argentina Hikes Interest Rate To 60 Percent In Bid To Halt Currency's Fall

Argentina Hikes Interest Rate To 60 Percent In Bid To Halt Currency's Fall
When President Mauricio Macri requested early release of a $50 billion loan, he said it was to assuage market watchers' fears. But the opposite happened — and the central bank felt it had to step in.

Read more on NPR

No comments:

Post a Comment

China calls for Strait to be reopened 'as soon as possible' in Iran talks

Wang Yi is holding talks with Iran's foreign minister Aragchi who is on his first trip to China since the war began. from BBC News htt...