The monetary base in Argentina is US$ 7.5 billion, which means that we are very close to being able to dollarize,” explained Milei, who has a degree in economics. “If we could clean up all ...

Milei rebranded his campaign promise to “dollarize” Argentina's economy as a “currency competition.” The plan will allow the coexistence of the peso, the US dollar, and other currencies ...

Argentina's dollarization proposal is, in fact, an attempt to make policymaking more credible and, thus, lower country risk differentials. From the perspective of the emerging market economy, ...

In Chile and Mexico, dollarization was already relatively low at the beginning of the decade and has remained fairly stable. In Argentina, dollarization fell to near zero with the policy of deposit ...

Russian President Vladimir Putin appears to be tempering expectations on his de-dollarization drive. Putin has made it clear he's keen to develop alternatives to the US-dollar-denominated order.

One of the more intriguing financial trends in recent years is the de-dollarization movement ... to induct six new countries into its bloc: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and ...