The recent YPF ruling in New York against Argentina, along with a cautious report by the JP Morgan financial firm, and the upcoming mid-term elections sparked some noise in the country’s markets, with the peso weakening against the U.S. dollar. Questions about the sustainability of the economic plan have arisen all over the political spectrum, with particular concerns over the lack of international reserves and the US$5.2 billion foreign exchange deficit in the first quarter of 2025.
SOURCE: BUENOS AIRES HERALD