dollarization Archives - Marketplace

Argentina's president-elect wants to replace its peso with the dollar. Why?

by Sabri Ben-Achour

Nov 20, 2023

In theory, "dollarization" solves some of Argentina's economic problems. But it could create others.

Javier Milei, Argentina's conservative incoming leader, has said he will push to slash government spending and adopt the U.S. currency to get inflation under control.

Tomas Cuesta/Getty Images

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