The Argentine peso hit fresh lows against the dollar Monday, as concerns grew over $30 billion in local debt set to mature this week. The dollar was recently up around 8.7% against the peso at 25.07. Our shared goal is to reach a rapid conclusion of these discussions,” the IMF said in a statement Monday. The dollar was recently up 0.6% against the Brazilian real to its highest level against that currency in two years. The WSJ Dollar Index, which measures the U.S. currency against a basket of 16 others, was down 0.2% at 86.38.

Source: Wall Street Journal May 14, 2018 16:12 UTC