The government's policy of using U.S. dollar reserves to artificially prop up the peso is viewed as unsustainable and a major red flag. Experts believe a devaluation is necessary to complete economic reforms and avoid a future crisis.

The currency surged 9% against the US dollar on renewed investor confidence in pro-market reforms, but the investment is considered a high-risk, high-reward turnaround play.

The currency is highly managed and volatile, creating significant currency risk. A sudden, sharp devaluation could erase any gains an investor makes in the stock market when converted back to their home currency.

Cited as a clear example where presidential pressure on the central bank resulted in 'spiraling inflation' and a 'loss of credibility in the currency,' making it extremely high risk.