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Weekly Report - 25 April 2019 (WR-19-16)

Is Macri running out of time?

After last week’s moves to soften the austerity programme backed by the International Monetary Fund (IMF), the Argentine peso remained under relentless pressure this week, with a particularly wobbly day on 24 April, dubbed “black Wednesday”. All this points to more trouble for President Mauricio Macri’s re-election bid.

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