Argentina shores the Peso, stock market tumbles, ahead of 'Super Tuesday'
Published on: Saturday 12 February 2022
Argentina's peso rose sharply on Monday as a new central bank chief took his first moves to shore up the battered currency, while escalating fears of a damaging trade war between the United States and China drove Latin American stocks down. The Argentine peso jumped after the central bank said it will hike bank's reserve requirements in a move expected to tighten local-currency liquidity after the latest run on the peso.
News source: https://en.mercopress.com/2018/06/19/argentina-shores-the-peso-stock-market-tumbles-ahead-of-super-tuesday
