On Day One in New Argentina, No Sign of Much-Awaited Devaluation

  • Reserves at nine-year low seen as impediment to free float
  • Naming of new central bank president hasn't been made official

Argentina’s Economy Under New Leadership

While President Mauricio Macri pledged to let the peso float as soon as he took office, he’s finding that it might require more time to unwind a web of currency controls.

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