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I aim to return to Argentina once the outcome of the mid-term election on 14th November is clear. The government is likely to lose control of the Senate which would have interesting repercussions. The economy is already on its knees, unemployment and poverty are in a one way direction. The IMF debt of US$45 billion remains to be paid. Another default as in 2001 is a possibility. I've no wish to get in the middle of another crisis like that so I'll wait a while and observe. If in the meantime you do go shooting doves be aware of the value of your greenbacks and don't get ripped off.
Pre-election jitters send blue dollar, country risk rate soaring
Peso weakens in parallel and informal exchange rates, sending JP Morgan ‘country risk’ rate soaring.
batimes.com.ar