sneak preview: partially due Argentina importing more than it was exporting. The difference had to be borrowed internationally. People feared that financing would be cut off. With cheaper fx, reduced imports and export more and thus need to borrow less.
Why did markets turn on #Argentina’s pro-market leader, bludgeoning the peso? Find out Monday, when @LATAMProg hosts leading Wall Street #LatinAmerica analysts. https://www.wilsoncenter.org/event/the-challenges-macroeconomic-stability-argentina-what-comes-next … @TheWilsonCenter
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