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COMBO PHOTO - showing the exchange rate of the Uruguayan peso against the U.S. dollar...

COMBO PHOTO - showing the exchange rate of the Uruguayan peso against the U.S. dollar (L) in the m... Photo
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IMAGE number
REU7453713
Image title
COMBO PHOTO - showing the exchange rate of the Uruguayan peso against the U.S. dollar (L) in the m... Photo
Auto-translated text View Original Source
Photographer
Andres Stapff
Medium
photograph
Date
2002 AD (C21st AD)
Shooting Date
2002-07-11
Image description

COMBO PHOTO - showing the exchange rate of the Uruguayan peso against the U.S. dollar (L) in the morning of July 11, 2002, as trading opened, and at the end of the business day, showing a substantial losses over just a few hours. Exchange rates are shown with the respective buy and sell rates for the Argentine Peso and Brazilian Real. Uruguay\'s currency posted its biggest single-day loss since the government floated the peso last month, diving 13 percent with strong dollar buying from the state-run bank Banco Republica amid economic uncertainty, traders said.

Photo credit
REUTERS/Andres Stapff / Bridgeman Images
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