Currency Volatility Tracker

The World's Most Volatile Currencies in Q4 2015

Image Group
Bloomberg photo
Since October, Argentina's currency, the peso, has lost 40% of its value against the U.S. dollar largely due to a lifting of currency controls.

Argentina's currency plunges against the U.S. dollar as the country's newly elected president, Mauricio Macro, lifts currency controls in a move to restore stability.

Since October 2011, Argentina's currency, the peso, has been in steady decline with the government at one point deploying dollar-sniffing dogs to combat what had become a thriving black market in U.S. dollars.  Those days may finally be over as Argentina's new president, Mauricio Macro, has allowed the peso to trade freely in a move meant to restore stability to Latin America's third largest economy.

The full article is available only to subscribers. Please login or subscribe to view.