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1) So far, it is not clear @BancoCentral_AR's unexpected interest rate hikes are reestablishing confidence in the peso. Today's fiebre verde headlines: "Tensión cambiaria" (@clarincom), "Un Manotazo de Ahogado" (@pagina12), "El Mercado habla de un 'torniquete'" (@Cronistacom).
2) "The interest rate shock is a step in the right direction, but there is no guarantee that it will immediately succeed in anchoring the foreign exchange market,” @GoldmanSachs said in a research note, according to today's #LAAdvisor. @BancoCentral_AR #Argentina
3) On the other hand, the recent moves have left little doubt about @BancoCentral_AR independence, @jpmorgan wrote in a note to clients.
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