Two-Week Price Inflation in Argentina hits 30%, US Products Lead the Way; Currency Devaluations Hit P&G Earnings
MishTalk
FEBRUARY 16, 2014
Retail investors aren’t the only ones suffering from the woes of the emerging markets: Procter & Gamble PG +2.06% is feeling the pain of foreign currencies, too. bolivare-per-USD rate, thus the near-$300 million charge P&G now expects to incur on its third quarter balance sheet. certain P&G products — are exchanged.
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