As many might know there is a radical change in government in Argentina. The new government seems to be more aligned with the west rather than Venezuela/Iran.
Also in the last few years people in Argentina where "not aloud" to buy US Dollars thus creating a parallel market with the value almost doubling the 'official' price.
The new president said that starting on december 11 he will open the market so everyone can buy and sell dollars.
I am wondering, can anyone see a potential play with all this changes? What about Argentinean stocks operating in the U.S. ? Bonds?
I would love to see different point of views.
Also in the last few years people in Argentina where "not aloud" to buy US Dollars thus creating a parallel market with the value almost doubling the 'official' price.
The new president said that starting on december 11 he will open the market so everyone can buy and sell dollars.
I am wondering, can anyone see a potential play with all this changes? What about Argentinean stocks operating in the U.S. ? Bonds?
I would love to see different point of views.