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Category Peso

Trump meets Milei and promises support without bailout

Trump meets Milei and promises support without bailout

The United States is negotiating a $20 billion swap line with Argentina’s central bank and preparing to buy Argentine dollar bonds, Scott Bessent s...
Argentina’s Milei defies IMF and World Bank estimates, citizens incline to his economic plan

Argentina’s Milei defies IMF and World Bank estimates, citizens incline to his economic plan

The Argentine peso settled around 1,100 to the US dollar early Wednesday. Its difference from the unofficial “blue dollar” rate shrunk to 6–7%. Now...
China and Japan are dumping US Treasuries

China and Japan are dumping US Treasuries

China and Japan are ditching US Treasuries like never before. In the third quarter of 2024, Japan sold a staggering $61.9 billion of US government ...
Mexico’s peso continues to outperform US’s dollar

Mexico’s peso continues to outperform US’s dollar

The Mexican peso is turning heads and wallets alike as it climbs the ladder of global currencies, leaving the US dollar grappling with its deprecia...
Mexican peso surges as US dollar dips

Mexican peso surges as US dollar dips

The stage is set, and the players are in motion, the Mexican peso is on an absolute tear, leaving the US dollar to lick its wounds in the corner. T...