BUENOS AIRES (Reuters) - Argentina's recent Cabinet shuffle has smoothed trade friction between South America's two largest economies and clears the way for a united proposal for free trade with the European Union, Brazilian Trade Minister Fernando Pimentel said on Thursday.
Showing posts with label foreign currency. Show all posts
Showing posts with label foreign currency. Show all posts
Monday, December 9, 2013
Saturday, August 24, 2013
Brazil central bank commits $60bn to prop up currency
Brazil's central bank has announced a $60bn plan to prop up the value of the national currency.
It comes as the Brazilian real nears a five-year low against the US dollar.
Thursday, February 14, 2013
Venezuela devalues currency amid dollar shortage
CARACAS, Venezuela (AP) — Venezuela's currency devaluation took effect on Wednesday amid questions about how the government can get a grip on 22-percent inflation and satisfy growing demand for dollars to pay for imported goods.
Monday, February 11, 2013
Venezuela sharply devalues its currency
CARACAS, Venezuela (AP) — Venezuela's government announced Friday that it is devaluing the country's currency, a long-anticipated change expected to push up prices in the heavily import-reliant economy.
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