Argentina ETF Plunges After Central Bank Hikes Rates
This article was originally published on ETFTrends.com.
Argentina country-specific exchange traded funds plummeted Thursday after the central bank unexpectedly hiked interest rates to bolster confidence over a faltering peso currency, which recently weakened to a new low in response to the government’s request for the International Monetary Fund to speed up loans under its bailout package. On Thursday, the Global X MSCI [...]