ARSUSD=X - ARS/USD

CCY - CCY Delayed Price. Currency in USD
0.0173
+0.0002 (+0.9179%)
As of 8:10PM BST. Market open.
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Previous Close0.017
Open0.017
Bid0.017
Day's Range0.017 - 0.018
52 Week Range0.0165 - 0.0283
Ask0.017
  • Add a new risk — geopolitics — to the list of U.S. stock market worries
    MarketWatch

    Add a new risk — geopolitics — to the list of U.S. stock market worries

    The Federal Reserve has now stopped its monetary tightening, yet the most vulnerable emerging market currencies are still falling like flies. The reason why monetary tightening pressures weaker currencies of countries with inadequate foreign-exchange reserves is that it tends to push the dollar higher via higher U.S. interest rates. If the host country has been on a dollar-borrowing spree, higher U.S. rates and stronger dollar tend to make those debts harder to service and roll over.

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