Argentina’s Dollarization Dilemma – Assessing Potential Implications | Blog
Everest Group
APRIL 16, 2024
Argentina’s chronic economic struggles, characterized by persistent inflation and macroeconomic instability, have reignited the debate surrounding dollarization – adopting the US dollar as its official currency. However, the dollar peg collapsed amid a severe recession, leading President Eduardo Duhalde to dissolve the 1:1 link in early 2002.
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