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Tag Archives: Dollar

ARGENTINA UPDATE

Starting today, Argentines will have full access to U.S. dollars. The exchange rate will be allowed to float after years of strict central bank control, prompting what is expected to be a 30% devaluation of the peso. Soybean exports from there expected to rise sharply.

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CURRENCY CHANGES

The Treasury Department announced Wednesday it will replace the main image of its own founder, Alexander Hamilton, on the $10 bill, with a woman as yet to be determined. The last woman to appear on a bill was Martha Washington, in the late 19th century.  

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