Argentina's peso drops to a record low of 1,476 per dollar on Monday despite U.S. intervention
The peso keeps tanking. On Monday, it sank by almost 1% in early trading to 1,476 per dollar, hitting a fresh record intraday low before recovering slightly. That's below the level seen before the U.S. Treasury began buying the peso earlier this month, a clear sign that Washington's support isn't working ahead of the critical [...]