Country risk forces a change in official strategy regarding reserves and the dollar
The article examines the Argentine government's new strategy in light of rising country risk, which has affected its ability to finance debt commitments. As expectations surrounding the presidential elections change, Minister Luis Caputo must modify his financial plan and resort to purchasing reserves from the Central Bank. While the dollar is currently stable, economists warn that the situation could worsen in the coming months due to additional pressure on the exchange rate and limited financing.
By iProfesional
