In the face of 142% annualized inflation, Argentina's president-elect has advocated for "dollarization" — making the U.S. dollar the country's official currency. The U.S. has been dealing with ...

In some respects, Zimbabwe’s recent post-hyperinflation reform efforts can serve as a guide, as dollarization can address Argentina’s inflation but not underlying fiscal problems. Unofficial ...

Argentina elected Javier Milei to fix its failing economy. His radical policies - massive spending cuts, privatization, and ...

Economists argue that by fixing the exchange rate in perpetuity, dollarization would deprive Argentina of the ability to adjust relative prices in response to shocks, and it would force Argentina ...

Dollarizing Argentina’s economy — as proposed by presidential candidate Javier Milei — is a bad idea that will do little to solve the country’s long-standing fiscal problems, three of ...

Argentina has a new president-elect ... so there’s no Argentine peso inflation. “Dollarization acts as a straightjacket, so politicians can’t pay debts by printing money,” Raisbeck ...

Argentina’s president-elect promised to rebuild the country, reconcile fiscal accounts and bring liberty to long-suffering Argentines. But he never mentioned dollarization, which had been a key ...

Argentina economists lambasted a proposal to dollarize the nation that’s backed by presidential candidate Javier Milei, calling the idea a mirage and warning it would spawn a new set of challenges.

Javier Milei, a political outsider who pledged to flatten Argentina’s political establishment, won the presidency on Sunday. Milei, a self-described anarcho-capitalist, defeated ruling party ...

Argentina could get stuck in a prolonged period of economic weakness, similar to what Ecuador has experienced, should Buenos Aires choose to adopt the US dollar as its currency, according to one ...

His solution: dollarize the Argentine economy. While dollarization is already in play in Argentina to some extent (many Argentinians save in dollars and accept dollars at their businesses ...

MAR DEL PLATA, Argentina, Oct 6 (Reuters) - Corporate Argentina is strongly against full dollarization of the economy, one of the key proposals of presidential election frontrunner Javier Milei ...