Against All Odds, Argentina Keeps Beating the Dollar

Argentina celebrated the continued decrease in the dollar-peso exchange rate, even predicting that it might fall below the flotation bands established by the central bank. This would trigger a purchase intervention from the bank to weaken the peso. Argentina Keeps Winning the Battle Against the Dollar Argentina appears to have devised a formula to control […]

Apr 22, 2025 - 13:35
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Against All Odds, Argentina Keeps Beating the Dollar
Against All Odds, Argentina Keeps Beating the DollarArgentina celebrated the continued decrease in the dollar-peso exchange rate, even predicting that it might fall below the flotation bands established by the central bank. This would trigger a purchase intervention from the bank to weaken the peso. Argentina Keeps Winning the Battle Against the Dollar Argentina appears to have devised a formula to control […]