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.
- Malaysia air probe finds scant evidence of attack: sources |
- Malaysia military tracked missing plane to west coast: source |
- Confrontation in Ukraine as diplomacy stalls |
- N.Korea using sophisticated means to avoid U.N. sanctions - U.N. report
- Freescale loss in Malaysia tragedy leads to travel policy questions