VOICED : Peso argentino se deprecia 1,44% y cierra a 20,20 por dolar

VOICED : Peso argentino se deprecia 1,44% y cierra a 20,20 por dolar

Assessment

Interactive Video

Business, Social Studies, Other

9th - 12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The Argentine peso surpassed 20 units per dollar, depreciating by 1.44% in a single day. Inflation in Argentina is high, and salaries are not keeping pace, leading to economic challenges. The government, led by Mauricio Macri, increased the inflation target for 2018 from 10% to 15%. Analysts link the peso's movement to international market events, including a significant drop in Wall Street indices, which strengthened the dollar. Throughout 2018, the peso has depreciated by 7.28%, with a 12.9% loss since December 1.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the closing exchange rate of the Argentine peso against the dollar on the day mentioned?

19.50 per dollar

21.00 per dollar

20.20 per dollar

19.91 per dollar

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By how much did the Argentine peso depreciate compared to the previous day?

1.0%

1.44%

0.5%

2.0%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the inflation target set by the Argentine government for 2018?

10%

12%

15%

20%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What event in the international markets is linked to the depreciation of the Argentine peso?

A rise in oil prices

A surge in cryptocurrency values

A drop in Wall Street indices

An increase in gold prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By what percentage did the Argentine peso depreciate throughout 2018?

7.28%

5.5%

10.0%

12.9%

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