peso

The puzzle that keeps repeating Argentina has tried to stabilize its economy before. It has done so under military governments and democratic ones, under heterodox programs and orthodox ones, under economists who believed in markets and politicians who did not. Each episode produced a period of relative calm. Each period eventually ended the same way. […]

  The issue of peso appreciation in Argentina has been a growing concern since the beginning of the new government. The current monetary policy has chosen a monthly depreciation of 2% of the exchange rate in the face of inflation that has not yet converged to those levels. From the beginning, this spread has raised […]