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#currencies

3 posts3 participants0 posts today

Argentina reached a $20 billion agreement with the International Monetary Fund as President Javier Milei made sweeping changes to ease the nation’s currency controls in a landmark moment for his government. japantimes.co.jp/business/2025 #business #economy #imf #argentina #currencies #javiermilei

The Japan Times · Argentina lands $20 billion IMF agreement and eases FX rulesBy The Japan Times

Fears of a sharp downturn in the global #economy have sent #markets convulsing again, w/action focused on #currencies & #bonds as the escalating #US#China #TradeWar has investors fleeing #dollar-based assets.

Stock futures in Europe pointed to a subdued open but the Swiss #franc reached a 10-yr high & the #yen was its strongest in 6 months. #Gold prices resumed their march to successive record highs & the #euro rose to levels not seen since Feb 2022.

King dollar no more.