Mar 21, 2024
Argentina’s Economy Chief, Martin Guzman, is considering a shock therapy plan to restructure the country’s debt, according to sources familiar with the matter. The plan aims to address Argentina’s unsustainable debt burden and chronic economic crisis. The proposed plan involves a 30% to 40% devaluation of the peso against the US dollar. This move would […]
Argentina Considers Debt Restructuring Plan: Peso, Bonds, and Controls #Argentinadebtrestructuring #capitalcontrols #dollardenominatedbonds #MartinGuzmanshocktherapyplan #pesodevaluation