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Is the Dollar Right For Argentina?
- Source :
- Bloomberg Businessweek; 6/12/2023, Issue 4786, p26-28, 3p, 2 Color Photographs
- Publication Year :
- 2023
-
Abstract
- The article focuses on the pledge of Argentine economist and presidential candidate Javier Milei to make dollar the official currency of Argentina if he wins the election in October 2023. Topics include the Argentine peso's rapid depreciation and losing value against the dollar as the reason for Milei's proposal, the importance of adopting the dollar in reducing inflation, an inflation rate recorded by Argentina in May 2023, and an increase in its central bank's benchmark interest rate.
Details
- Language :
- English
- ISSN :
- 00077135
- Issue :
- 4786
- Database :
- Complementary Index
- Journal :
- Bloomberg Businessweek
- Publication Type :
- Periodical
- Accession number :
- 164141114