South American Real Estate News
/ Category / Argentina’s Currency Collapse

Argentina’s Currency Collapse

Last Wednesday (29th August) the Argentine peso lost over 7% against the US dollar. Thursday it lost another 12.5%. It’s been cut in half over the past year. In dollar terms, the MSCI Argentina index is down 57% since it’s January top. But it’s still not a bargain, given the high inflation rate and political uncertainties. Back in June 2017 – partly due to investors being enamoured with the government but also as a symptom of the global bond bubble – Argentina even managed to issue…
Processing...
Thank you! Your subscription has been confirmed. You'll hear from us soon.
Priority Delivery of Real Estate Investments
Argentine, Brazil, Chile, Paraguay, Uruguay
ErrorHere
Visit us on LinkedInVisit us on FacebookVisit us on TwitterVimeoVisit us on Pinterest