Tag "Argentine peso"
The peso crisis in Argentina: A risk analysis
Argentina’s new currency crisis: what happened this time? Is any comparison with the previous crisis possible? What impact could we expect in the close-term for President Mauricio Macri and the country’s political stability?
The IMF joins President Macri’s bid to ward off political risks
The Argentine government and the International Monetary Fund (IMF) on 7 June agreed to a Stand-By Arrangement (SBA) of up to $50 billion after suffering a speculative attack on the Argentine peso in May.
Argentina opens its economy after currency devaluation
Following the promise of President Mauricio Macri to re-open the economy to international financial markets after taking power, Argentina exited currency restrictions, devalued its currency, and freed imports and exports.
Macri faces an uphill battle to boost Argentina’s economy
On Sunday, conservative opposition candidate Mauricio Macri won the country’s first-ever presidential runoff election after months of campaigning for reforms to boost the country’s troubled economy. Macri, the 56-year-old mayor
Argentina’s default raises more questions than answers
Of all the defaults through Argentina’s history, the one on august 3rd 2014 is the strangest to date. Moreover, its implications could spill over to the rest of global markets. In
