Argentina Markets Hold A Rare Calm As Stocks Cool And The Dollar Gap Narrows

Key Points The peso’s official and street rates are unusually close, signaling lower immediate FX stress. Stocks pulled back as bonds softened and “proof of reserves” stayed the central test. Traders are watching a debt roll-over auction and the BCRA’s daily dollar purchases. Argentina is starting January 14 with an uncommon feature for its FX […]