Weekly Report - 20 April 2023 (WR-23-16)

Free market dollar soars again in Argentina, causing political tremors

The price of the free market or ‘blue’ dollar soared again this week, a de facto indicator of sharply falling business and political confidence in Argentina. The resignation of Antonio Aracre, chief economic adviser to President Alberto Fernández, shows that with six months to go before the general election, the government remains divided over how to deal with the economic crisis.

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