Latin America Economics

Latin America Chart Book

31 August, 2018

Argentina back in crisis

The sell-off in the Argentine peso this month gathered pace after the government’s impromptu request to draw down more of its IMF bailout. Rather than soothing market tensions, this reinforced concerns about the government’s ability to service its debts. A dramatic 1,500bp interest rate hike only seemed to provide fleeting relief to the peso. Markets are now are awaiting details of the government’s fiscal plans, which are expected on Monday. If the government fails to deliver a convincing austerity

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article.

Save to Library

New Book

Making a Success of Brexit
and Reforming the EU

by Roger Bootle

"Outstanding - engaging - absorbing"
Daily Telegraph

Buy now on Amazon
We use cookies to ensure you get the best experience on our website. Read our Cookie Policy for more information.