Argentine Peso Collapses 9% to All Time Low As Crisis Deepens

#17923
MoneyNeverSleeps
Participant

Here we go again despite officials in Argentina and at The IMF comments and the promise of a USD 50 billion IMF bailout being accelerated the Argentine peso continues to collapse, inducing the next wave of inflation, and it could shortly usher in the next recession and depression.
The peso has crashed another 4% today to a new record low above 32.5/USD