Dollarization is not a new concept in Argentina, where successive administrations have been notorious for printing large amounts of money to cover budgetary shortfalls. This practice has led to ...

Argentina elected Javier Milei to fix its failing economy. His radical policies - massive spending cuts, privatization, and ...

President Javier Milei says that he will lift most of the country’s strict capital and currency controls next week, a high-stakes gamble made possible by a new loan from the International Monetary ...

in what has been regarded as a first step towards the dollarization of the economy, one of President Javier Milei's electoral promises. “As from tomorrow, the prices of goods and services may be ...

BUENOS AIRES (Reuters) - Argentina's economy shrank 1.7% in 2024 compared with the prior year, but expanded for the second consecutive time in quarterly terms in the last three months of the year ...

Last year’s expected recession in Argentina had given way to a much ... However, the Milei government has refrained from dollarization — wrongly, in our view. The president has chosen to ...

De-dollarization is an effort by a growing number ... In 2023, BRICS agreed to induct six new countries into its bloc: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates.