Argentine companies put lid on investment during political transition

Argentine companies put lid on investment during political transition

Corporate & Sovereign Strategy Economy & Policy Regulation Politics Argentina

Companies in Argentina are waiting for better conditions to raise capital and invest, with most eyes on what the incoming government will do, according to the executives who spoke at the Meeting with Leaders business conference in Buenos Aires on Wednesday. Most companies shelved investment plans after a run on the peso in August pushed the benchmark interest rate to a record 86% in September, putting capital out of reach. "We need financing and a horizon of economic stability that allows us to

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