Argentina's Peso Devaluation First Test Of Free Market Finance Minister Gay – ValueWalk Premium
Peso chart Argentina

Argentina's Peso Devaluation First Test Of Free Market Finance Minister Gay

The newly minted government of Argentine President Maurcio Marci is bringing in its much anticipated market friendly administration with a bang. After lifting the nation’s currency controls yesterday, freeing once tightly controlled limits on buying U.S. dollars and allowing its peso to trade on an open market, the result was a dramatic yet expected drop in the currency’s value. But perhaps most interesting is how Argentina

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