Investors Bet Argentina Crawling Peg to Speed Up to 6% by April
(Bloomberg) -- Investors are betting Argentina’s central bank will accelerate the gradual depreciation of the peso, known as a crawling peg, by April in an effort to make the currency more competitive in time for the country’s crucial commodity exports. Most Read from BloombergNvidia Rises Most in About Nine Months as AI Drives SalesBiden Touts $1.2 Billion in Student Loan Relief With Eye to 2024China Tightens Grip on Stocks With Net Sale Ban at Open, CloseShe Was Set to Break Goldman’s Glass Ce