03.12.2008 - Latin America currencies: Argentina’s Peso falls for 15th day
From Bloomberg: Argentina’s peso fell for a 15th day, its longest losing streak since the government abandoned a one- to-one peg with the dollar in 2002, as the central bank seeks to smooth out a slide sparked by a tumble in commodity exports. The peso dropped 0.4 percent to 3.3950 per dollar at 5:16 p.m. in New York, from 3.3825 yesterday. The currency is down 2.9 percent since it began to drop on Nov. 12 and has dropped no more than 0.7 percent in a day over that time. .... Full Article: Source
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