Argentina's central bank will maintain a tight monetary policy despite chan...
FILE PHOTO: Governor of Argentina's Central Bank Guido Sandleris attends a news conference at the Central Bank in Buenos Aires, Argentina August 20, 2019. REUTERS/Agustin Marcarian
BUENOS AIRES - Argentina’s central bank will maintain a tight monetary policy despite changes to recently implemented currency restrictions, central bank President Guido Sandleris said on Monday. On Sunday, Argentina imposed capital controls in a bid to stem a currency rout that is sharpening the risk of default.Reporting by Nicolas Misculin; Writing by Cassandra Garrison; Editing by Richard Chang
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
IMF pledges support for Argentina after return to currency controls amid debt crisisThe International Monetary Fund said it will stand by Argentina after the govern...
Read more »
Europe should ignore 'treacherous promises' of Facebook's Libra currency: ECB's MerschFacebook's proposed Libra currency could undermine the European Central Ban...
Read more »
Argentina's Macri 'Gives Up', Returns To Kirchner-Era Peso PolicyClose Argentina watchers called it: Mauricio Macri will no longer be president of the perennial crisis-wracked nation
Read more »
Consumers could be winners as Singapore shakes up its digital banking sectorThe Monetary Authority of Singapore will distribute up to five digital banking licenses for non-banking entities to provide financial services to retail customers and SMEs.
Read more »
Argentina cenbank tightens FX market access as peso plunge burns through reservesThe Argentine government authorized the central bank on Sunday to restrict purch...
Read more »
South Korea central bank frees more cheap funds for smaller firmsSouth Korea's central bank said on Sunday it would make up to 5 trillion wo...
Read more »