Argentina’s economy has failed to recover from the quasi-socialist policies of Kirchner’s last 8 years. Interest rates are around 60%. He has been critical of high interest rates, and rightfully so. They have room to follow Turkey’s path in slashing interest rates at least down to inflation rate level. The whole act of reducing interest rates was a game changer for the Turkish lira.

Source: Forbes October 25, 2019 16:01 UTC