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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Jurgis Bekepuris who wrote (52437)9/26/2013 9:54:17 AM
From: Dennis 3  Read Replies (1) | Respond to of 78704
 
Looking at Argentina's reserves I don't think they have to devalue their currency. Argentina has been growing their economy without much foreign direct investment since the default in 2001 which virtually shut them out of the foreign capital markets.

By the way, Argentina economy did recover after its default and devaluation in 2001.