Page 6 - Scott Squires News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg) -- Troubled governments that devalue their currencies tend to benefit from the decision, underscoring the tool’s usefulness in the face of crisis, according to the Institute of International Finance.Most Read from BloombergBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAISelloffs, Inequality, China Tension: Here Are the Next Big RisksNadella’s Microsoft Payouts Top $1 Billion on 1,000% Sto

(Bloomberg) -- Vista Capital, who manages one of Brazil’s best-performing hedge funds of the past three years, is building a position in Argentina through ADRs ahead of a presidential election that could result in a regime change.Most Read from BloombergSingapore Arrests Minister, Property Tycoon in Graft ProbeHow Much Income You Need to Crack America's Richest 1%DeSantis Says No Thanks to $377 Million in US Energy FundsEx-Celsius CEO Alex Mashinsky Charged With Crypto FraudBiden Administration

Norma Jean Kimbell

Come to hear a panel discussion led by Amy Booth, our managing editor, with correspondents Scott Squires of Bloomberg and Anna-Cat Brigida of Reuters.

Argentina’s peso tumbled as much as 4.2 percent in the parallel exchange market Tuesday, the most this year.