BofA Sees Argentine Peso at 1,700 per Dollar by End-2026, Flags Modest Overvaluation
Bank of America retains a neutral stance on the Argentine peso, projecting it will trade at 1,700 per US dollar by the end of 2026 and 1,900 by the end of 2027. The bank anticipates GDP growth of 3.5% in both 2026 and 2027, forecasts inflation at 25.5% in 2026 and 13.3% in 2027, and reports that its valuation models point to a modest overvaluation …