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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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RTRS runs comments from the Argentine.....>
ARGENTINA: RTRS runs comments from the Argentine central bank as it confirms
that it will continue with foreign exchange market interventions to help
stabilize the peso. The central bank also noted that it will continue to
implement "restrictive monetary policy."
- Earlier comments from the country's Finance Minister revealed that the
government is proposing a bill to extend the maturities of the country's
sovereign debt, which the IMF has be notified of. The proposed measures will not
consist of a haircut for bondholders and will not harm individual retail
holders. Foreign law bonds will be discussed with bondholders, according to
comments on BBG. Argentina will continue to pay coupons on the bonds.
- Argentine officials also noted that the ARS is valued far away from its
long-term equilibrium.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.