Invesco Frontier Markets ETF
Argentina (ARGT) posted a higher trade deficit for May 2017 at $642 million, mainly due to increasing imports as compared to its exports.
The leading economic index in Argentina rose 3.0% in May 2017 compared to 0.70% in April 2017.
Argentina’s inflation has been surging for a couple of years, spiking to around 40.0% in 2016 compared to 10.0% between 2007 and 2009.
For more than a decade, the outgoing party’s continual resistance to honoring debt led to Argentina’s exclusion from international financial markets.
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Frontier equity markets typically have modest market capitalization, limited investability and liquidity, and few market information sources.