28D

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28D is the term used to refer to the 28 December 2017 press conference of the Central Bank of Argentina together with the Treasury in which they changed their inflation target. This event is the beginning of the loss of confidence that sparked the beginning of the 2018 Argentine monetary crisis.[1][2][3][4][5]

Spread Country Risk (EMBI+) for Argentina. The red line marks the 28D event.

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