Emerging markets fund managers are confident the fiscal programme of President Mauricio Macri's government is capable of overcoming the "short-term noise" of Argentina's current economic crisis, but warn the country faces a number of obstacles in reforming its "serial defaulter" reputation.
Argentina's central bank took the drastic decision to hike its key interest rate by 15 percentage points to 60% on 30 August after the peso suffered its greatest decline since the currency first floated...
The US dollar is close to peaking and the risks now seem to be on the downside.
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