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Milei s Dollarization Gets First Test as Argentine Banks Reopen

Milei s Dollarization Gets First Test as Argentine Banks Reopen
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Suriname reaches threshold for $675 mln debt exchange

Suriname reaches threshold for $675 mln debt exchange
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

Suriname Proposes Exchange of $675M Bonds for Oil-linked Debt

Suriname offered late Monday to exchange $675 million of dollar bonds for new notes, the next step in negotiations after…

Analysis-Dollarization, devaluation, debt: potential traps for Argentina investors

Argentines will on Sunday move a step closer to deciding who will run the $600 billion economy engulfed by a deep crisis that involves runaway inflation, a dearth of U.S. dollar reserves and an electorate with little trust in its currency. Regardless of who wins the race between libertarian populist Javier Milei, center-left economy minister Sergio Massa and center-right ex-minister Patricia Bullrich, the next government will have to deal with a gargantuan pile of debt and a peso so weak that the leading candidate is on a platform to scrap it. Inflation runs at 138%, local interest rates stand at 133% and the black-market peso has lost over 60% of its value this year.

Dollarization, devaluation, debt: potential traps for Argentina investors

Dollarization, devaluation, debt: potential traps for Argentina investors
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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