Argentina's stock market Merval has gained around 75% in the last twelve months

Thursday, December 28th 2017 - 10:18 UTC

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Merval, the benchmark stock market index in Argentina, rose 0.25% to 29,260.33 on Wednesday, reflecting investor optimism that the Senate would pass the 2018 budget and a tax reform. It was the seventh consecutive increase of the index. Read full article

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Enrique Massot
Growth with persistent inflation, an all-time-high foreign commercial deficit and record external borrowing?

Would be nice.

Growth with a presidential decree allowing Argentine agro and mining products exporters to keep their money out of the country?

Growth with reduction in labour rights and retirees' pay?

Looks rather like wishful thinking or PR campaign.
Dec 30th, 2017 - 02:58 am - Link - Report abuse 0
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