Page 12 - Currency Devaluation News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg) -- Argentina has fixed the price of oil received by drillers at $56, far below international levels, as it scrambles to stop inflation getting further out of control after this week’s currency devaluation, according to two people familiar with the matter.Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateUS Equities Remain in Retreat as Bonds Rebound: Markets WrapChina’s Hidden Financial

(Bloomberg) -- Argentina’s government finally hit the panic button.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesOutsider Milei Upends Argentina’s Election With Primary WinBig Tech Takes the Lead in Thin Trading Session: Markets WrapChina Finance Giant’s Missed Payments Alarm Regulators, MarketsZuckerberg Says ‘Time to Move On’ From Musk Cage FightAfter years of trying to avoid a currency devaluation that would add to soaring inflation and reduce its popularity

(Bloomberg) -- Investors in Argentina are starting to brace for a 20% currency devaluation after the country’s Aug. 13 primary election, the first time they have converged around the timing of a long-expected policy change.Most Read from BloombergBonds Drop as Stocks Drift in Run-Up to Jobs Data: Markets WrapFitch’s US Credit Downgrade Sparks Criticism Along With UneaseCanada PM Justin Trudeau Splits With Wife Sophie GregoireS&P 500 Has Worst Day Since April After Big Rally: Markets WrapNYC Cons

(Bloomberg) -- Morgan Stanley is turning cold on Kenyan assets as deadly protests rattle the nation’s capital, urging investors to look south for opportunities in Angola after a recent currency devaluation.Most Read from BloombergChina Replaces Foreign Minister After Mysterious AbsenceRolex, Patek Prices to Keep Falling as Supplies Remain High, Morgan Stanley Says‘We Were Wrong’: Morgan Stanley’s Wilson Offers Stocks Mea CulpaTwitter Turning Into X Set to Kill Billions in Brand ValueMusk Explain

BlackRock’s CEO Larry Fink recently expressed a bullish stance on Bitcoin in a July 5 interview with FOX Business.