Argentina Devaluation Bets Spur Peso Plunge

Argentina Devaluation Bets Spur Peso Plunge Play

Aug. 22 (Bloomberg) -- First came the default, then a proposed debt swap aimed at circumventing a U.S. court ruling that could normalize Argentina’s relations with foreign investors. Now traders foresee a devaluation for the second time this year. Bloomberg's Katia Porzecanski has more on "In The Loop." (Source: Bloomberg)

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