Aug
16
Argentina Seeks More Financing With Peso Rout Deepening
By-
Officials are meeting with investors in New York this week
- Peso has hit new lows despite government’s emergency measures
Argentina is considering proposals for additional financing that may include swaps and credit lines, according to people who met with government officials in New York this week.
Deputy cabinet chief Mario Quintana, Central Bank Vice President Gustavo Canonero and Finance Secretary Santiago Bausili told investors they are reviewing proposals but declined to give details, according to people who met with them. The people asked not to be named because the talks are private…