Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 256.89

-1.2%

Dec 31 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: StanX Long who wrote (56760)	12/1/2001 9:10:38 PM
From: StanX Long	Read Replies (1) of 70976

Friday, 30 November, 2001, 23:23 GMT Panic run on Argentine banks news.bbc.co.uk Shares fell sharply as the economic worries grew Devaluation and dollarisation rumours, along with fears that bank deposits be frozen, have sparked panic withdrawals of cash from Argentina's banks. The authorities seemed powerless as interbank interest rates rocketed to 700% on Friday amidst fears the banks were running out of cash. "Deposits and the value of the peso and dollar in Argentina are untouchable and guaranteed. Those who disbelieve or mistrust will end up losing out," economy minister Domingo Cavallo said. "

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next