Posted March 28, 2023 by Comments

A 2001 government default was followed by 12 years of leftist rule that left Argentina struggling to rebuild its treasury and clean up its reputation in the global financial circle.

But the return of the currency bears and a sharp rise in the U.S. dollar have left Argentina — and a number of developing countries including Brazil, Mexico, South Africa and Russia — reeling again, desperately trying to bolster the value of their currencies without undermining local growth. READ MORE

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