# Argentina economy minister, IMF deal architect, quits as government crisis builds

> Argentina's economy minister Martin Guzman resigned on July 2 after deep splits in the ruling coalition over how to handle economic crises. He was the architect of a recent major debt deal with the IMF.

- Date: 2022-07-03 · published 2022-07-03T12:00:00.000Z
- Category: macro · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/40771-argentina-economy-minister-imf-deal-architect-quits-as-government-crisis-builds
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

The resignation raises doubts about the IMF program and Argentina's ability to manage its currency, which can weaken the peso. Political instability there can disrupt export policy and farm selling decisions.

## Read by commodity

- USDARS: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/americas/argentina-economy-minister-guzman-resigns-crises-build-2022-07-02/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.