Dollar & Peso

Leading professionals warn that adopting the U.S. currency would lead to unemployment, recession, and an inflationary spiral

The libertarian economist had said he would dollarize Argentina’s economy at AR$730 per dollar if elected president

Inflation in Argentina spiked to 94.8% during 2022 according to the official statistics institute, the INDEC. Last year’s figure was the highest since 1990, a time when hyperinflation drove prices up by 2,314%. Last month’s inflation was 5.1%, a 0.2% increase from November (when it was 4.9%), but …

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