Argentina's Economic Outlook 1Q 2014

Informes Trimestrales


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Argentina's Economic Outlook 1Q 2014

Primer trimestre

The government conveyed numerous positive signals to the markets that suggest that Cristina will make whatever it takes to reach the end of her mandate and hence make every possible effort to defend international reserves and avoid a default on foreign debt.

The first quarter marked a turning point for international reserves, as they are not any more on a free fall. While in January they dropped almost three billion dollars and then reached a bottom of 27 billion dollars, they have started to recover in April boosted by the dollars from soybean exports.