28D

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 pointed as the beginning of the loss of confidence that sparked the beginning of the 2018 Argentine monetary crisis.[1][2][3][4]

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

Bibliography
  1. "Subscribe to read | Financial Times". www.ft.com.
  2. "A un año del 28D: el día en que el BCRA perdió la confianza del mercado". El Cronista.
  3. "The crisis of Argentine gradualism" – via The Economist.
  4. De 2019, 28 De Diciembre. "28D: a dos años de un hito de la fallida gestión económica del gobierno de Macri". Infobae.
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