About That Argentine Peso: One Bank Says It's Too Risky to Short
Argentina Peso Falls To Historic Low Against U.S. Dollar
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Just how risky is it to trade the Argentine peso these days? One bank says it’s so dangerous that investors shouldn’t even bet against it.
"If anything, this is not time to be structurally positioned in ARS assets," BNP Paribas strategists led by Gabriel Gersztein wrote in a report today.