Argentina's Mortgage Market Faces Challenges Amid Economic Uncertainty
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#109baaec ver:0.43

Argentina's mortgage market faces challenges amid economic uncertainty. The country's economic plan enters 'Phase 2' as shares of Argentine companies on Wall Street fall and the peso depreciates. Despite this, Argentina records a historic trade surplus in May. Informal exchange rates increase, and the crawling peg contributes to the rise in the US dollar. The central bank will sell dollars in parallel markets to combat inflation. The struggling mortgage market limits access to credit, forcing buyers to get creative. Reviving the market won't be easy due to inflation and economic uncertainty. #Argentina #economy #mortgage #inflation...

#newstr #Argentina #MortgageMarket #Inflation #EconomicUncertainty #Credit 

 https://here.news/story/109baaec?ver=0.43