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NYBob

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Re: JD400 post# 7141

Thursday, 06/08/2023 2:04:23 PM

Thursday, June 08, 2023 2:04:23 PM

Post# of 7345
Will Argentina ditch its peso for the dollar?

Leading presidential candidate says he'd "blow up" the central bank.

* * *

By Ignacio Olivera Doll
Bloomberg News
Thursday, June 8, 2023

The Argentine peso has had a tumultuous life. In the 1980s it was temporarily dethroned by a new
currency called the austral. An arranged marriage with the dollar in 1991 produced some years of
bliss but ended in a ruinous divorce. More recently, the peso has suffered the humiliation of being
tagged the worst-performing currency in emerging markets.

Now an Argentine economist running for president is proposing to put the currency out of its misery
once and for all.

... For the remainder of the report:

https://www.bloomberg.com/news/articles/2023-06-08/high-argentina-inflation-sparks-debate-to-ditch-peso-for-dollar
Bullish
Bullish


My opinions are my own and and DD I post should be confirmed as unbiased

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