Argentine Peso to Keep Weakening If Dollarization Looks Likely

Argentine peso banknotes equivalent to 100 US dollars arranged in Buenos Aires, Argentina, on Tuesday, Sept. 26, 2023. The closer we get to Argentina's October election and the more likely it seems that libertarian candidate Javier Milei can win, the weaker the country's peso will get. Already, the government has devalued the official rate, and the blue-chip swap rate depreciated 20% last week. Photographer: Erica Canepa/Bloomberg via Getty Images
Argentine peso banknotes equivalent to 100 US dollars arranged in Buenos Aires, Argentina, on Tuesday, Sept. 26, 2023. The closer we get to Argentina's October election and the more likely it seems that libertarian candidate Javier Milei can win, the weaker the country's peso will get. Already, the government has devalued the official rate, and the blue-chip swap rate depreciated 20% last week. Photographer: Erica Canepa/Bloomberg via Getty Images
Argentine Peso to Keep Weakening If Dollarization Looks Likely
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Bloomberg / Contributor
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1697748586
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Bloomberg
Date created:
26 September, 2023
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Bloomberg
Object name:
ARGENTINA PESO DOLLAR
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