The document discusses the depreciation of the Argentine peso (ARS) following the abolition of FX controls in December 2015, leading to high inflation rates. It predicts a stable real exchange rate due to foreign direct investment inflows despite high US interest rates.
doj/DataSet10/EFTA01379426.pdf
{"title":"EM Currency Handbook 2018: Still Fuel in the Tank","document_date":"2017-12-22","document_type":"financial","key_locations":["Argentina"],"key_organizations":["Deutsche Bank Securities Inc.","IMF"],"reference_numbers":["DB-SDNY-0076894","SDNY_GM_00223078","EFTA01379426"]}