Overseas buying of Asian equities in August was the highest in seven months, but analysts doubt such inflows could be sustained if the Sino-U.S. trade dispute were to escalate, notwithstanding contagion from Argentina and other volatile emerging...
BUENOS AIRES, Argentina - Argentina has suffered a currency crisis since the beginning of the year and Argentinian Peso devalued over 100% against the U.S. dollar since then.
This is sparking...
Argentina's government said on Tuesday it hoped the International Monetary Fund would agree in the second half of September to a deal giving the country more financial support as it seeks to escape a deepening economic crisis.
Economists expect Argentina's gross domestic product to shrink 1.9 percent this year compared to a 0.3 percent previously estimated contraction, according to the median forecasts of a central bank poll published on Tuesday.
International Monetary Fund Managing Director Christine Lagarde said on Tuesday that she and Argentina's Finance Minister made progress toward strengthening the IMF-backed program for Argentina in the face of market volatility.
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