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View Full Version : Argentine Peso to Slide Beyond 4 Per Dollar, Sturzenegger Says - Bloomberg



NewsWhore
05-14-2009, 11:50 AM
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Argentine Peso to Slide Beyond 4 Per Dollar, Sturzenegger Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaICDxDhI4pqc%26refer%3Dnews&cid=0&ei=9j8MSuqNC4mE6QPQvOXQCQ&usg=AFQjCNH9Kf1-zSyMY9HA0gv3I3_Wd55-GA)
Bloomberg
A weaker currency would generate more pesos for each dollar of export tax revenue the government receives. “A devaluation would help the government fiscally,” said Sturzenegger, who took the job at Banco Ciudad, a bank run by the city of Buenos Aires, ...


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