LatAm on hold amid Argentina, Ecuador shocks

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LatAm on hold amid Argentina, Ecuador shocks

Argentina, peso, volatility, LatAm
May 8, 2018 - Buenos Aires, Buenos Aires, Argentina - Argentina’s peso weakened 6.5 percent to a new all-time low of 23.5 per dollar on Tuesday, pointing to possible continued volatility in the local currency despite government and central bank measures aimed at calming the market. (Credit Image: © Claudio Santisteban via ZUMA Wire) | Claudio Santisteban/Zuma Press/PA Images

Primary markets in Latin America stayed silent on Tuesday amid a hefty sell-off in EM currencies, with Ecuador and Argentina continuing to provide country-specific volatility.

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