With inflation soaring, Argentina will start printing 10000 peso notes – The Associated Press
BUENOS AIRES, Argentina (AP) — Prices in Argentina have soared so dramatically in recent months that the government has increased the size of the largest banknote in circulation five times to 10,000 pesos, the equivalent of about $10. The central bank’s announcement on Tuesday promised to ease the burden on many Argentines who have to […]
Mexican Peso Volatility Isn't Risk to Prices, Banxico Chief Says – Yahoo Finance
(Bloomberg) – The head of the Bank of Mexico says the Mexican peso has seen increased volatility recently due to escalating tensions in the Middle East, but there are no concerns about inflation and the bank will remain cautious in future monetary policy decisions. There was hope. Most Read Articles on Bloomberg The bank, often […]
Mexican peso exchange rate remains stable after interest rate cut – Mexico News Daily
President Andrés Manuel López Obrador on Friday described the Bank of Mexico’s decision to lower the benchmark interest rate as a “bold” move and expressed satisfaction that the Mexican peso did not weaken as a result. The central bank announced on Thursday that its board of directors had decided to cut the key interest rate […]
Mexican Peso trims some losses against US Dollar but remains soft after Fed minutes – FXStreet
share: The Mexican peso rebounded somewhat while the Fed's recent minutes were less dovish than traders expected. Mexico's manufacturing PMI fell to 52.0, putting pressure on the peso amid strong business confidence data. USD/MXN recovers above 17.00 after briefly falling due to the rise in the US dollar The Mexican peso (MXN) started […]