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Argentina leader vows to retain currency peg to dollar.

Authors :
Krauss, Clifford
Source :
New York Times. 09/14/98, Vol. 147 Issue 51280, pC7. 0p.
Publication Year :
1998

Abstract

Reports that President Carlos Saul Menem of Argentina and his chief economic advisers have pledged to retain the Government's fixed exchange rate that maintains the value of the Argentine peso to the American dollar one to one. Concerns of Argentine economists and Wall Street analysts about the currency peg; Terms of the law that the currency stabilization is set by; Factors relating to President Menem's installation of the system in 1991.

Details

Language :
English
ISSN :
03624331
Volume :
147
Issue :
51280
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
1120432