Argentina postpones currency trading

ARGENTINA - Argentina's central bank has suspended the country's foreign exchange markets until Thursday, claiming it needs more time to work out currency trading rules following the abolition of the one-to-one peso-dollar link last weekend.

Currency trading, which was suspended on 21 December as the country's financial crisis gathered pace, had been due to resume on Wednesday.

The delay is sure to further undermine investor confidence in the dual exchange rate system unveiled as a replacement