Advertisement
YOU ARE HERE: LAT HomeCollectionsStock Exchanges Spain
IN THE NEWS

Stock Exchanges Spain

FEATURED ARTICLES
BUSINESS
June 19, 2001 | CHRIS KRAUL, TIMES STAFF WRITER
Stocks across Latin America and in Spain plunged Monday after Argentina stunned the financial community with a new policy on exchange rates that some analysts saw as a de facto devaluation. The policy changes, announced over the weekend, obliterated much of the confidence earned when Argentina exchanged $29 billion in debt this month, a move that seemed to give the country some breathing room from worried creditors.
ARTICLES BY DATE
BUSINESS
June 19, 2001 | CHRIS KRAUL, TIMES STAFF WRITER
Stocks across Latin America and in Spain plunged Monday after Argentina stunned the financial community with a new policy on exchange rates that some analysts saw as a de facto devaluation. The policy changes, announced over the weekend, obliterated much of the confidence earned when Argentina exchanged $29 billion in debt this month, a move that seemed to give the country some breathing room from worried creditors.
Los Angeles Times Articles
|