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BUENOS AIRES, ARGENTINA - JANUARY 27: The Argentine peso fell 15% against the US dollar last week and when the thirst for dollars in the black market pushed the oficial exchange of one dollar to 8 pesos and the central bank spent several hundred million dollars defending the currency, the government decided to allow again the purchases of foreign exchange to avoid more devaluation. Argentina has been burning through its currency reserves, which are down to $29 billion from a peak of $52.6 billion three years ago. Operators are reluctant to publish on boards the price of the dollar on monday, January 27, 2014 in Buenos Aires, Argentina. Photo: Hernan Zenteno

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Hernan Zenteno
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BUENOS AIRES, ARGENTINA - JANUARY 27: The Argentine peso fell 15% against the US dollar last week and when the thirst for dollars in the black market pushed the oficial exchange of one dollar to 8 pesos and the central bank  spent several hundred million dollars defending the currency, the government decided to allow again the purchases of foreign exchange to avoid more devaluation. Argentina has been burning through its currency reserves, which are down to $29 billion from a peak of $52.6 billion three years ago. Operators are reluctant to publish on boards the price of the dollar on monday, January 27, 2014 in Buenos Aires, Argentina. Photo: Hernan Zenteno