JayT Posted June 26, 2018 Report Share Posted June 26, 2018 Central Bank of Argentina makes a move to stop its currency fall. AR Peso is now .037 usd to per Peso. Will the Peso return to it former glory and if it does investing in it could make you some money. It has a history of being closer 1 to 1. With the world economy moving forward I expect it to go back up. Tell me what you think. Video: Time to invest in the Argentina Peso? https://youtu.be/VUgvL5S7WrQ Articles: https://money.usnews.com/investing/articles/2017-05-24/currency-investing-for-small-investors https://www.reuters.com/article/emerging-markets-latam/emerging-markets-argentina-peso-firms-on-central-bank-moves-latam-stocks-fall-idUSL1N1TK1OG http://www.xinhuanet.com/english/2018-06/19/c_137264676.htm https://en.wikipedia.org/wiki/Historical_exchange_rates_of_Argentine_currency https://tradingeconomics.com/argentina/currency 1 Quote Link to comment Share on other sites More sharing options...
umbertino Posted June 26, 2018 Report Share Posted June 26, 2018 Argentina just got approved for a 50B loan by the IMF.......its economy has been having bumps for years (decades)..... Quote Link to comment Share on other sites More sharing options...
umbertino Posted June 26, 2018 Report Share Posted June 26, 2018 (edited) 50B dollars loan Economy failings were caused by corrupt Gov'ts etc....Powers That Be sold the Country's industry to foreigners ..Even the good companies...... Of course part (not all) of the problem lies in the Fascist Dictatorship strangling the Country for more than a decade https://www.focus-economics.com/countries/argentina https://en.wikipedia.org/wiki/Economy_of_Argentina https://www.heritage.org/index/country/argentina https://www.nytimes.com/2018/05/04/business/economy/argentina-economy-interest-rates.html https://en.wikipedia.org/wiki/Dirty_War https://www.whatargentina.com/argentina-military-dictatorship.html Edited June 26, 2018 by umbertino 1 Quote Link to comment Share on other sites More sharing options...
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