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Why Dollars Rain to High-Risk Markets but Not to Argentina · Global Voices
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The international markets are in the "risk on" mode: there are growing bets on risky investments in view of the high probability that, at the next summit of the Federal Reserve, on the 16th and 17th of this month, the process of lowering rates in the US begins. In Argentina, the "risk off" predominates with respect to local bonds with allergy among investors to positions in risky assets. Yesterday the shares in New York climbed 0.8% to a new rec…
·Argentina
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