Markets bash Argentina’s and Turkey’s currencies again
Another torrid week for the peso and lira
THE first YouTube video, posted in 2005, showed the site’s 25-year-old co-founder standing in front of elephants at the San Diego zoo. One of its most recent videos is a little different: it shows Argentina’s president, Mauricio Macri, explaining why he needs the IMF to stand in front of the bears destroying his country’s currency.
This article appeared in the Finance & economics section of the print edition under the headline “Go Fund Me”
Finance & economics September 1st 2018
- A draft deal clarifies what populist trade policy means in practice
- KPMG is caught up in scandals but its woes are not existential
- Rules on bank lending in poor neighbourhoods are being rethought
- Markets bash Argentina’s and Turkey’s currencies again
- Informal trade is ubiquitous in Africa, but too often ignored
- Central bankers grapple with the changing nature of competition
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