President-elect Alberto Fernandez has not been forthcoming with his economic plan, and ran on left-wing Peronist views, making for frenzied markets.
On Sunday, Argentina ousted incumbent president Mauricio Macri and voted left-wing Peronist Alberto Fernandez into power. Monday, the central bank slashed dollar purchase amounts to stabilize the economy and protect the Argentine peso amid increased economic uncertainty in the country. Fernandez has not be forthcoming about his economic plan, and investors are increasingly worried about another default.
On Sunday, Argentina ousted incumbent president Mauricio Macri and voted left-wing Peronist Alberto Fernandez into power. Monday, the central bank slashed dollar purchase amounts to stabilize the economy and protect the Argentine peso amid increased economic uncertainty in the country. Fernandez has not be forthcoming about his economic plan, and investors are increasingly worried about another default.
France Dernières Nouvelles, France Actualités
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