Karin Strohecker

18 hours ago | wnflsports.com | Karin Strohecker

By Karin StroheckerWASHINGTON (Reuters) -Argentina’s Deputy Central Bank Governor Vladimir Werning said on Wednesday he expected the peso currency to hit the lower end of its recently implemented trading band. “(In) all successful emerging market stabilization programs, at the end of the day, you have a stronger currency,” said Werning, speaking at a conference of the Institute of International Finance on the sidelines of the IMF/World Bank Spring meetings in Washington.

19 hours ago | marketscreener.com | Karin Strohecker

WASHINGTON (Reuters) -Argentina's Deputy Central Bank Governor Vladimir Werning said on Wednesday he expected the peso currency to hit the lower end of its recently implemented trading band. "(In) all successful emerging market stabilization programs, at the end of the day, you have a stronger currency," said Werning, speaking at a conference of the Institute of International Finance on the sidelines of the IMF/World Bank Spring meetings in Washington.

1 day ago | zawya.com | Karin Strohecker

The direct hit from tariffs introduced by Donald Trump's administration on India could shave off between 0.2-0.5 percentage points from GDP growth, the country's Finance Secretary Ajay Seth said on Wednesday. "Now there is a sign of that...we grow about 6.5% in the current year," said Seth, speaking at a Hudson Institute event on the sidelines of the Spring Meetings of the International Monetary Fund and World Bank in Washington.

2 days ago | businesslive.co.za | Karin Strohecker |Rodrigo Campos

Washington — The IMF has cut its 2025 growth outlook for emerging economies, including Mexico and China, warning on Tuesday that tighter funding conditions and a scarcity of development cash could inflict pain on developing nations. Waves of tariffs announced by the Trump administration, as well as policy uncertainty, are expected to affect global growth just as the world economy emerged from major shocks such as the fallout from the Covid-19 pandemic and Russia’s invasion of Ukraine.

1 week ago | businesslive.co.za | Jorge Otaola |Karin Strohecker |Rodrigo Campos

Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers. A customer counts Argentine peso bills in Buenos Aires, Argentina, January 13 2025.