Argentina's central bank to intervene in for-ex

ARGENTINA - Argentina's central bank will intervene on the foreign exchange market "firmly" from today to stem the fall of the peso against the dollar, Argentinean newspaper Clarin reported, citing a senior central bank source.

According to Clarin, the central bank will target a maximum sell rate for the peso of 3.20 per dollar, while newspaper Pagina 12 reported that the central bank has decided not to let the peso dip below 3.50.

The banks and exchange houses trading dollars on behalf of the

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: