‘Argentina has made huge progress in a very short time,’ says Citi exec
Sam Hewson, head of FX Sales discussed global volatility, carry trades, and the region’s appeal La entrada ‘Argentina has made huge progress in a very short time,’ says Citi exec se publicó primero en Buenos Aires Herald .
Citi executive Sam Hewson returned to Argentina following an eight-year absence, expressing immense satisfaction with the country's economic progress. Speaking with the Herald, Hewson highlighted remarkable improvements in Argentina's trade balance, fiscal surplus, inflation rates, and exchange stability since the start of Javier Milei's administration.
These positive developments have made the country increasingly attractive to international investors, as evidenced by heightened activity in client conversations and trading. Hewson emphasized the need for enhanced risk management and hedging due to growing geopolitical tensions and volatile global markets. Clients are now more inclined to invest in emerging markets, particularly in Latin America, where strong carry trade signals and favorable interest rate environments exist.
Hewson also noted that Argentina's recent economic trajectory has led him to believe that the country's outlook for 2027 is promising, with any potential volatility during elections being manageable.
Written by urgent.news from Buenos Aires Herald's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- ‘Argentina has made huge progress in a very short time,’ says Citi exec buenosairesherald.com
