Argentina moves to strengthen peso, down by half this year
by Andres D'Alessandro and Chris Kraul, Los Angeles Times
Sep 01, 2018
3 minutes
BUENOS AIRES, Argentina - Argentina, scrambling to avoid yet another financial crisis, is desperately trying to prop up the national currency after the peso lost 20 percent of its value in just one week.
The government said representatives will travel Monday to Washington to finalize a deal with the International Monetary Fund for $50 billion in financing through the rest of the year to further back the peso. But analysts were skeptical that the halt
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