Argentina clinging to floating US dollar, says Caputo
Government
x Argentina's Economy Minister, Luis Toto Caputo, confirmed that the Government of President Javier Milei has ruled out dollarization and will maintain the current exchange rate band system, with a floating US dollar. What we are looking for is a monetary and exchange mechanism that will allow us to grow as soon as possible, he insisted in a TV interview. Caputo ratified a bilateral agreement with the United States, including a US$20 billion swap and operations to purchase Argentine bonds
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