Search This Blog

Showing posts with label Argentine financial markets. Show all posts
Showing posts with label Argentine financial markets. Show all posts

Friday, October 12, 2012

Denying Dollars to Holders Echoes ’02 Seizure: Argentina Credit

A move by a soybean-growing province in northern Argentina to pay its dollar debt in pesos is raising the specter that holders of the nation’s $19 billion of local U.S. currency bonds won’t get their money back.