financetom
World
financetom
/
World
/
Argentine peso, stock index up after Milei's reform bill approved
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Argentine peso, stock index up after Milei's reform bill approved
Jun 13, 2024 7:50 AM

BUENOS AIRES, June 13 (Reuters) - Argentina's peso and

benchmark stock index strengthened on Thursday, following the

Senate approval of a reform bill key to libertarian President

Javier Milei's economic plans.

The Argentine peso strengthened over 5.3% in the

parallel black market to 1,220 per dollar, while the Merval

stock index rose more than 4%, traders said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
EMERGING MARKETS-Mexican peso drags Latam FX lower for second day
EMERGING MARKETS-Mexican peso drags Latam FX lower for second day
Aug 22, 2024
(Updated at 1500 GMT) * Mexico stocks outlook dampened by weaker economic prospects * Peru's copper output may fall short of 3 mln ton goal -SNMPE * Stocks, FX down 0.6% By Shubham Batra Aug 21 (Reuters) - Latin American currencies hit a one-week low against the U.S. dollar on Wednesday, led by losses in the Mexican peso for a...
EMERGING MARKETS-Mexican peso steers Latam FX to one-week low
EMERGING MARKETS-Mexican peso steers Latam FX to one-week low
Aug 22, 2024
* Brazil's stock index at record high * Mexico stocks outlook dampened by weaker economic prospects * Peru's copper output may fall short of 3 mln ton goal -SNMPE * Stocks, FX down around 1% each (Updated at 2:50 p.m. ET/ 1850 GMT) By Shubham Batra and Ankika Biswas Aug 21 (Reuters) - Mexico's peso dropped over 2% against the...
Oil prices edge up after days of losses
Oil prices edge up after days of losses
Aug 22, 2024
LONDON, Aug 21 (Reuters) - Oil prices rose slightly on Wednesday, regaining some ground after steady sell-offs driven by expectations of reduced Chinese demand and diminishing concerns over the potential for Middle East conflict to spread and disrupt supply. Brent crude futures were up 47 cents, or 0.6%, at $77.67 a barrel by 1326 GMT. U.S. West Texas Intermediate crude...
Morgan Stanley cuts Mexico stocks to 'underweight', trims China targets
Morgan Stanley cuts Mexico stocks to 'underweight', trims China targets
Aug 22, 2024
LONDON (Reuters) - Investment bank Morgan Stanley issued an underweight warning on Mexican shares on Wednesday due to concerns about planned changes to the judiciary and electoral system, and also downgraded forecasts for China's main markets. The effective sell recommendation on Mexico comes as outgoing president Andres Manuel Lopez Obrador looks to push through a bevy of constitutional reforms with...
Copyright 2023-2026 - www.financetom.com All Rights Reserved