End of preview - This article contains approximately 2288 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Brazil & Southern Cone - December 2018
Argentina seeks to loosen the tourniquet
After two runs on the peso this year, Argentina’s central bank (BCRA) has ditched a managed exchange rate system for a crawling peg system in a bid to rekindle confidence in the currency and rein in double-digit inflation. So far, so good. Inflation is slowing, and the peso is steadier. But it will take time for the economy to recover, and that could sully President Mauricio Macri’s chances at re-election in 2019.
