Argentina-linked assets remain under pressure, with investor doubts weighing on local markets and central bank reserves slipping to a fresh low, keeping the peso on the defensive.
Argentina-linked assets remain under pressure, with investor doubts weighing on local markets and central bank reserves slipping to a fresh low, keeping the peso on the defensive. The government faces mounting political headwinds as economic conditions complicate its standing ahead of elections, and headlines around opposition and legislative developments add to the noise. Even so, domestic funding channels have stayed open, with recent debt auctions still finding demand despite the souring mood.
Sources
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