Sentence examples for peso problem from inspiring English sources

Paul Krugman suggests a comparison to the "peso problem":The observation that started it all was the fact that back then Mexico had a fixed exchange rate against the dollar, but Mexican bonds consistently yielded several percentage points more than US bonds.

By adding a jump component to the index dynamics, we are able to partly reconcile the differences between the index and option-implied risk-neutral densities, and propose a peso-problem interpretation of this evidence.

IN JANUARY 2002, when Eduardo Duhalde, Argentina's interim president, bowed to the inevitable and devalued the peso, he faced a problem.

Now, economists and business people say the government's moves to address those issues have created the opposite problem: the peso has become too strong.

With inflation under control, the economy would benefit from further interest-rate cuts were it not for the peso's weakness.Such problems would seem minor if Argentina were to default.

Admittedly, the fact that much private debt in Argentina is indexed to the dollar means that a peso devaluation might create financial problems.

Tribasa ran into serious financial problems after the peso crisis in 1994.

"We learned about their leaders and why they have problems with America," Peso told Yahoo! "All the Koreans we met were cool..

With central banking and a floating peso, I am afraid Argentina's problems have just begun, again.

Argentina's problems stem from the peso's rigid link to the dollar, which has eroded competitiveness and forced up interest rates on its massive debts.

The Mexican government, meanwhile, insists that the peso issue is being overblown, and that what problems there are, are not its fault.