date:Jun 30, 2014
tured debt is due on Monday. The government on Thursday tried to transfer the payment to bondholders. But the transfer was blocked by a U.S. judge until Argentina hashes out a deal with the holdout creditors, giving it just a 30-day grace period to settle.
The Argentine peso fell 1.62 percent to 12.35 per U.S. dollar in black market trade on Friday after U.S. District Court Judge Thomas Griesa chastised the government for trying to pay the holders of restructured bonds without first settling wi