jblaze5779
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At what point does even the IMF deny Arg a loan? They have to know they'll never get paid back, right?
In my opinion it also reflects the uncertainty over the USD on some of the money markets due to the happenings in Washington. The USD seems to have weakened against the Euro in the past few days. (Source: OandA.com)A lower dollar may be bad news for expats but is good for the country, as it makes exports more competitive.
At what point does even the IMF deny Arg a loan? They have to know they'll never get paid back, right?
Se emitió nueva deuda, en dólares, con vencimiento en 2030 y 2035, a precio de mercado. ... el Gobierno emitió nueva deuda en dólares a una tasa de interés de 16,99% para el caso de los AL30D
After the rate made a very quick run up from low 120s to 195, the correction it's experiencing now is normal.Does anyone know? Went from 187 two weeks ago, to 146 today.
it's exactly the opposite - lower dollar means stronger peso, and the stronger the local currency is, the less competitive the exports of this country areA lower dollar may be bad news for expats but is good for the country, as it makes exports more competitive.
You are right - that's what I meant, but phrased it wrong. Thanks for the correction.it's exactly the opposite - lower dollar means stronger peso, and the stronger the local currency is, the less competitive the exports of this country are
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