Search results
Results from the WOW.Com Content Network
1 year bond The 2018–present Argentine monetary crisis is an ongoing severe devaluation of the Argentine peso , caused by high inflation and steep fall in the perceived value of the currency at the local level as it continually lost purchasing power, along with other domestic and international factors.
Minister Alfonso Prat-Gay takes part in meetings with the IMF and the World Bank, shortly after the end of the default.. The Argentine debt restructuring is a process of debt restructuring by Argentina that began on January 14, 2005, and allowed it to resume payment on 76% of the US$82 billion in sovereign bonds that defaulted in 2001 at the depth of the worst economic crisis in the nation's ...
Evolution of GDP growth. The economic history of Argentina is one of the most studied, owing to the "Argentine paradox". As a country, it had achieved advanced development in the early 20th century but experienced a reversal relative to other developed economies, which inspired an enormous wealth of literature and diverse analysis on the causes of this relative decline. [2]
(Bloomberg) -- Argentina’s move to delay a $1.4 billion local bond payment this week hardly made a ripple in the broader world of global investing, with most outsiders seeing it as a sideshow ...
It is a price-weighted index, calculated as the market value of a portfolio of stocks selected based on their market share, number of transactions and quotation price. The base of MERVAL is set at 30 June 1986 = 0.01 Argentine pesos. It is part of a joint-venture between S&P Dow Jones Indices and BYMA. [1]
One fourth of all trading days so far this year have seen declines of 1% or more, according to data from Bespoke Investment Group. The only other post-WWII years with a higher frequency of days ...
The State Department’s investment climate statement last year noted “capital controls, trade restrictions, and price controls” hampered investors in Argentina. Milei has vowed to roll back interventionist policies with market-oriented changes favored by business executives, like Musk, one of the world's richest men who leads rocket ...
Nevertheless, Argentina has continued to hold successful bond issues, as the country's stock market, consumer confidence, and overall economy continue to grow. The country's successful, US$16.5 billion bond sale in April 2016 was the largest in emerging market history. [citation needed]