In recent days, the USD/ARS moved quickly higher from 3.16 to 3.19 on the heels of strikes in the agricultural sector and concern regarding the prospect for a further move higher. Although the government will likely experience ongoing challenges, the probability of a sharp move higher in
USD/ARS is extremely low in the near term.
USD/ARS has [...]
Entries Tagged as 'Argentina ARS'
ARS: Overdone Fears…in the Short-Run
May 21st, 2008 · No Comments
Tags: Argentina ARS
ARS
April 12th, 2008 · No Comments
Argentina’s high vulnerability to a deterioration in the external sector will translate into sharper peso weakness in H2 as the seasonally strong harvest period in Q1 gives way to a worsening political environment and more difficult financing conditions for the remainder of the year.
A new inflation index introduced in Q1 in essence enables the government [...]
Tags: Argentina ARS