Javier Milei's Dollarisation Push Sends Argentine Peso Spiraling

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Source: Financial Times
TL;DR

The Argentine peso has experienced a significant drop in value as presidential candidate Javier Milei advocates for the adoption of the US dollar as the country's currency, a move known as dollarisation. Milei's proposal comes amidst a currency crisis in Argentina, with the peso losing value against the dollar.

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