Peso Plummets

Discussion in 'Fundamental Analysis' started by Daily.Forex, Dec 18, 2015.

  1. Daily.Forex

    Daily.Forex Forum Member

    Sep 2, 2015
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    Last month, the people of Argentina ended 12 years of socialist rule with the election of Mauricio Macri, a former mayor of Buenos Aires, as the nation’s president. The incoming president has vowed to make a break with the past adopting a more business-friendly approach, resolve problems with foreign creditors stemming from the nation’s insolvency in 2002, end corruption (well, it is the season of goodwill…) and shift the nation’s foreign policy away from Venezuela and Iran and towards better links with the US and western nations.

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