Is the dollar the right answer for the region?  During his campaign, Argentine President Javier Milei promised to close the country’s central bank and adopt the dollar as the country’s currency. Once elected, he changed his strategy. The natural dollarization approach involves restrictions on the supply of pesos, forcing Argentines to use their dollar reserves to pay for everyday expenses. With the peso stabilized, inflation reached 117% in December 2024, down from 292% from the year’s high in

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