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Economy / Argentina

Fernández Takes Reins At Crucial Time

October 2007 | Economic Analysis
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BMI View: Cristina Fernández is the first elected female president of Argentina, after a comfortable victory in Sunday's election. The immediate repercussions of the forthcoming smooth transfer of power will be increased stability in local debt, equity and currency markets. From a longer-term perspective, Fernández's hitherto unclear policy agenda will be critical in steering the economy to a soft landing from the current boom.