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