The currency markets have calmed down a notch or two over the past week or so..... after peaking at over 2500, Argentine Country Risk dropped below 2000 in early trading today. By no means would I call things "rosy", but considering what some folks were expecting the first few days after the elections and given the subsequent measures that had to be introduced...... lets just say that most folks are enjoying the "tense calm" which appears to have settled in for the time being.
Stay tuned, things move quickly in Argentina, that is just how things are.... it will get interesting once the political campaign gets into full swing in the next couple of days.