Argentina Equity Market

Companies with a high percentage of dollar denominated revenues, lower operating exposure to domestic market and low debt levels would act as a hedge in the current scenario.  The stock market could strongly correct if the Government declares a default. The debt restructuring negotiation could be more complicated considering recent events such as the Dual currency bond reprofiling, and lack of details about the debt restructuring process and last week’s address to Congress by Economy Minister Martin Guzman.

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