Argentine Traders Lose $480M on Peso Bets

Argentine Traders Lose $480M on Peso Bets

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the economic impact of Dilma Rousseff's re-election on Brazil's stock market, which saw a significant drop. David Nadel provides insights into potential market scenarios during her second term. The video also covers Argentina's currency issues, highlighting the central bank's efforts to stabilize the peso.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the immediate effect on the Bo Vespa index following the re-election of President Dilma Rousseff?

It increased by 5%

It plunged nearly 10%

It remained stable

It surged by 10%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is David Nadel's perspective on the potential market performance during Rousseff's second term?

The market will crash

The market might perform better than expected

The market will definitely decline

The market will remain unchanged

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What measures has the Argentine central bank taken under Alejandro Vanoli's leadership?

Allowed the peso to float freely

Pegged the peso to the dollar

Slowed the pace of peso depreciation

Increased the pace of peso depreciation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much weaker is the peso compared to the official rate according to the transcript?

70% weaker

50% weaker

80% weaker

60% weaker

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action did the central bank take against brokerages in Argentina?

Closed them down

Offered tax incentives

Ordered raids

Provided financial aid