Politics
5.4
Argentina recession strains Milei's legislative agenda as allies defect
Published 2 d ago3 sourcesEvidence: Reported
SeverityModerateAssessedDeveloping storyLa Nación (Argentina)Low-rated sourceAR
Economist Pablo Das Neves argues the Argentine peso is overvalued and the dollar should be allowed to float more, citing exchange rate lag and recession under Milei's program. This signals potential pressure for devaluation, which could impact markets.
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