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 ...

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 ...

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 ...

The monetary base in Argentina is US$ 7.5 billion, which means that we are very close to being able to dollarize,” explained Milei, who has a degree in economics. “If we could clean up all ...

In Chile and Mexico, dollarization was already relatively low at the beginning of the decade and has remained fairly stable. In Argentina, dollarization fell to near zero with the policy of deposit ...

Argentina's dollarization proposal is, in fact, an attempt to make policymaking more credible and, thus, lower country risk differentials. From the perspective of the emerging market economy, ...

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 ...

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 ...

Without dollarization, Argentina is destined to remain miserable. At the same time that the Fed was pumping money into the economy, U.S. authorities were shutting the economy down. All the talk ...