Argentina rejects multiple exchange-rate regime, minister says
BUENOS AIRES May 7 (Reuters) - Argentina's government rejects the possibility of creating a multiple exchange-rate system, Economy Minister Hernan Lorenzino said on Tuesday, knocking down speculation among some market players and local economists.
The Argentine peso pierced the psychological barrier of 10 per U.S. dollar on Tuesday on the black market, widening the spread versus the official interbank rate to 93 percent.
- First Ebola case diagnosed in the United States: CDC |
- Hong Kong protests approach potential National Day flashpoint |
- Kurds seize Iraq/Syria border post; Sunni tribe joins fight against Islamic State |
- Special Report: Islamic State uses grain to tighten grip in Iraq
- Protesters stay out on Hong Kong streets, defying Beijing |