Tag: Peso

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Argentine black market peso hits record low as gap to official FX tops 50% – 2024-01-17

Argentine black market peso hits record low as gap to official FX tops 50% – 2024-01-17

BUENOS AIRES (Reuters) -Argentina's black market peso exchange rate weakened a sharp 5.6% on Wednesday to a record low of 1,250 [...]
Argentina's Milei, So Far Shunning Bitcoin, Devalues Peso by More Than 50%

Argentina's Milei, So Far Shunning Bitcoin, Devalues Peso by More Than 50%

The government's official rate is now 800 pesos to the dollar versus 400 previously. www.coindesk.com [...]
Yen’s underperformance likened to Turkish lira and Argentinian peso By Investing.com

Yen’s underperformance likened to Turkish lira and Argentinian peso By Investing.com

Investing.com  |  Editor Venkatesh Jartarkar Published Nov 01, 2023 03:58PM ET Th [...]
Central Bank of Argentina to introduce ‘digital peso’ bill ‘as soon as possible’

Central Bank of Argentina to introduce ‘digital peso’ bill ‘as soon as possible’

After a series of remarks about the potential benefits of central bank digital currency (CBDC) for the national economy, the Central Bank of Argentina [...]
PHP/USD: Philippine Peso Nears Key 57 Level, Raising Risk of FX Defense

PHP/USD: Philippine Peso Nears Key 57 Level, Raising Risk of FX Defense

An under-pressure Philippine peso is making its third attempt since August to breach a key trigger point for central bank intervention, as broad gains [...]
EMERGING MARKETS-Chile’s peso hits 8-month low, lags Latam FX ahead of rate decision

EMERGING MARKETS-Chile’s peso hits 8-month low, lags Latam FX ahead of rate decision

* Chilean cbank set to cut rate by 75 bps * China's August services activity slows - Caixin PMI * Brazil industrial output falls more than expected in [...]
Mexican peso corrects: Don’t panic! | article

Mexican peso corrects: Don’t panic! | article

Unwinding the intervention Late yesterday, Mexico’s central bank, Banxico, announced its plans to unwind the outstand [...]
FX Daily: Peso too strong, renminbi too weak, dollar just right

FX Daily: Peso too strong, renminbi too weak, dollar just right

USD: The market seems to be bracing for soft nonfarm payrolls dataToday’s focus will be the August nonfarm payrolls jobs release. The consensus expe [...]
Num Finance launches Colombian peso stablecoin on Polygon

Num Finance launches Colombian peso stablecoin on Polygon

Argentina-based Num Finance has announced it has gone live with a n stablecoin pegged to the Colombian peso, the company announced Aug. 24 in an X pos [...]
Colombian Peso Stablecoin Goes Live on Polygon, Aiming for $10B Remittances Market

Colombian Peso Stablecoin Goes Live on Polygon, Aiming for $10B Remittances Market

Num Finance already issues stablecoins pegged to the Argentine and Peruvian local currencies. www.coindesk.com [...]
Bitcoin (BTC) Prices Lack Direction Despite Ruble and Argentinian Peso Crash

Bitcoin (BTC) Prices Lack Direction Despite Ruble and Argentinian Peso Crash

The leading cryptocurrency by market value, widely considered digital gold due to its finite supply, remains listless above $29,000, extending its mul [...]
EMERGING MARKETS-Latam FX gain, Chile’s peso bucks trend on rate cut bets

EMERGING MARKETS-Latam FX gain, Chile’s peso bucks trend on rate cut bets

* IMF expects deal with Argentina in days, peso to weaken * Mexico July inflation eases to lowest in two years * Moody's lowers outlook on indebted Pe [...]
USD/MXN forecast: Mexican peso is firing on all cylinders

USD/MXN forecast: Mexican peso is firing on all cylinders

The Mexican peso continued its relentless rally this week as investors cheer the performance of the Mexican economy. The USD/MXN exc [...]
EMERGING MARKETS-Philippine peso steady after GDP data … – Nasdaq

EMERGING MARKETS-Philippine peso steady after GDP data … – Nasdaq

EMERGING MARKETS-Philippine peso steady after GDP data ...  Nasdaq news.google.com [...]
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