instability

“It is very hard to get financial instability out of an equity market correction alone,” Posen told reporters at a briefing on the sidelines of the IMF-World Bank annual meeting.

International pressure has mounted for an end to hostilities amid worsening humanitarian conditions and regional instability.

“It’s a rational response, not just for government workers but for anybody facing instability, to look for short-term sources of income,” Koustas said.

But the instability of the peso without dollarization is one reason the opposition may win.

France has been gripped by political instability since President Emmanuel Macron called snap polls last year that he hoped would consolidate power but instead resulted in a hung parliament and gains for the far right.