Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Economy
In reply to the discussion: STOCK MARKET WATCH -- Friday, 24 January 2014 [View all]xchrom
(108,903 posts)19. Argentina to ease foreign exchange controls after peso slump
http://www.bbc.co.uk/news/business-25877391
Argentina is to relax its strict foreign exchange controls, a day after the peso suffered its steepest daily decline in 12 years.
Cabinet chief Jorge Capitanich said the country would reduce the tax rate on dollar purchases and allow the purchase of dollars for savings accounts.
The measures would take effect from Monday, he said.
On Thursday, the peso fell 11% against the dollar, its steepest fall since the country's 2002 financial crisis.
Argentina is to relax its strict foreign exchange controls, a day after the peso suffered its steepest daily decline in 12 years.
Cabinet chief Jorge Capitanich said the country would reduce the tax rate on dollar purchases and allow the purchase of dollars for savings accounts.
The measures would take effect from Monday, he said.
On Thursday, the peso fell 11% against the dollar, its steepest fall since the country's 2002 financial crisis.
Edit history
Please sign in to view edit histories.
36 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Surveillance and Scandal Time-Tested Weapons for U.S. Global Power By Alfred McCoy
Demeter
Jan 2014
#6
It hasn't gottten any easier, either. And DEFINITELY not any fairer or equitable.
Demeter
Jan 2014
#22