Argentina seeks to rebuild confidence — and reserves

Argentina seeks to rebuild confidence — and reserves

Bonds Debt Corporate & Sovereign Strategy Economy & Policy Fixed Income Loans Argentina Latin America

Argentine Economy Minister Martín Guzmán sought on Friday to shore up confidence in his team’s management of the economy as a run on the peso accelerates, raising doubts that they can steer the economy out of a deep recession, rebuild international reserves and keep on top of debt payments. “We have the conditions and the elements to continue with the exchange policy and not devalue,” Guzmán said on Radio Con Vos when asked if there were plans for a large devaluation, as has been widely speculat

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