Given #Argentina's relatively closed economy, devaluations have not typically produced export booms. Nevertheless, @fedebillie writes in @thebubblecom's "The Essential," President @mauriciomacri's 2019 budget projects a 21% increase in exports this year.
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Though to be fair, he is not entirely depending on the weak peso to lift exports; steady rains are helping #Argentina recover from a devastating drought, and production in the Vaca Muerta shale play is steadily rising.
12:12 PM - 17 Jan 2019
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