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Brazil & Southern Cone - May 2025

Introduction

This May edition of the Latin American Regional Report: Brazil & Southern Cone begins with an analysis of the President Javier Milei’s decision to lift currency and capital controls in Argentina, which was facilitated by a sizable financing package led by the International Monetary Fund (IMF). The initial reaction by investors and Argentines has been positive, although the country’s economy remains vulnerable to external shocks.

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