2014年1月高考英语考前突破素材 阅读理解能力 财经新闻 阿根廷比索遭遇近十年最大跌幅.docVIP

2014年1月高考英语考前突破素材 阅读理解能力 财经新闻 阿根廷比索遭遇近十年最大跌幅.doc

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阿根廷比索遭遇近十年最大跌幅 Argentinas currency, the peso, has seen its sharpest one-day fall since the countrys 2002 financial crisis. 阿根廷货币,比索,遭遇了该国2002年财政危机以来最严重的单日跌幅。 ? The peso fell 11% to stand at an official rate of eight pesos to the dollar. Unofficially, the rate is 13 pesos to the dollar.? ? The central bank had been acting to support the waning(渐亏的) currency but this week all but gave that up. ? Investors have lost confidence in the country. Despite efforts to support the economy, inflation has soared to 25%. ? The official inflation rate is lower, but government data is not seen as entirely credible by those in the country nor the wider investment community. ? This year, inflation is expected to top 30%. ? That erodes confidence in the peso, prompting investors to put their money into US dollars rather than the sinking domestic currency. ? Restrictions ? Under the presidency of Cristina Fernandez de Kirchner, Argentina has introduced a number of restrictions on transactions with foreign currency.? ? This week it even introduced new restrictions on online shopping as part of increasingly desperate efforts to stop foreign currency reserves from falling any further.? ? Anyone buying items through international websites must sign a declaration and produce it at a customs office, where the packages have to be collected. ? The government now limits tax-free purchases to two a year. ? Argentinas reserves of hard currency dropped by 30% last year, making support for the peso increasingly unaffordable.? ? In 2002, millions of Argentines saw their incomes and living standards collapse amid a crisis that included a government default on international debts and 41% inflation. . .

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