| Felisa Miceli: deserves the benefit of the doubt |
Investors say that Argentina’s new economy minister should be given the chance to prove herself. Felisa Miceli’s surprise appointment at the end of November was met with uncertainty. Argentine bond prices fell on the news, the Merval equity index lost 5% and the peso weakened a few centavos. Some observers have questioned Miceli’s ability, fearing she might be out of her depth. The 53-year-old was previously head of state-owned Banco de la Nación, the country’s biggest bank, but has no experience of running a ministry.
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