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Argentina: emergency plan fails to ease pressure on peso

Tuesday, September 04, 2018 - 01:46

Argentine President Mauricio Macri has announced new taxes on exports and steep cuts to spending in a bid to balance next year's budget, as his government aims to persuade the IMF to speed up a $50 billion loan program. As David Pollard reports, the ''emergency'' measures did little to sooth rattled investors.

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Argentine President Mauricio Macri has announced new taxes on exports and steep cuts to spending in a bid to balance next year's budget, as his government aims to persuade the IMF to speed up a $50 billion loan program. As David Pollard reports, the "emergency" measures did little to sooth rattled investors.

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Argentina: emergency plan fails to ease pressure on peso

Tuesday, September 04, 2018 - 01:46