After the rejection of DNU 70/23 in the Senate, the market reaction was immediate. Something that was also mentioned by the president Javier Mileithrough his Twitter account, who pointed out that this is how the market reads when “ORKS take a step forward“in reference to In the first operations, Argentine assets abroad collapsed.
However, a few minutes before the local market opened, Argentine assets abroad moderated the declines and are now operating with slight increases.
In this regard, Leonardo Svilsky, from BullMarket, pointed out in statements to Ámbito that stability was achieved because the DNU has not yet completely fallen.“but obviously the news is not good at all, in principle.”
Svilsky indicates that we now have to see what their move is, “what they present, because they say they are going to present other things.” For the analyst, a time of negotiation is coming. Obviously, “I think they are not going to give in regarding the deficit and fiscal balance.
News in development.-
Source: Ambito
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