December 10, 2019 |
Argentina's US dollar-denominated sovereign bonds rose in price on Monday on expectations the incoming government of President Alberto Fernández will pursue a friendlier restructuring than had been priced into the assets over the past few weeks, analysts told LatinFinance.
The president-elect, who takes office Tuesday, named his cabinet on Friday after markets had closed, appointing Martín Guzmán as his minister of economy. Guzman, an associate research scholar at Columbia University's business
Incoming Economy Minister Guzmán is seen as less ideological than other candidates could have been