The Q1 current account deficit ($9.6 billion) was ugly, and high debt service is not going away. However, unlike GDP, this indicator should improve rapidly as #Argentina’s devalued peso makes imports costlier and exports more competitive.
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The Q1 current account deficit ($9.6 billion) was ugly, and high debt service is not going away. However, unlike GDP, this indicator should improve rapidly as #Argentina’s devalued peso makes imports costlier and exports more competitive.
