Milei’s Push to Rebuild Argentina’s Foreign Reserves Grinds to a Halt

[Avocado]

So much for Nobel Prizes for Milei.

Bloomberg - Are you a robot?

Non Pay Wall Version:

https://archive.ph/xhNcb

 

[Digital Nomad]

I guess we know why the blue dollar started going back up. It would be nice if Argentina could let the exchange rate float freely instead of manipulating it.

 

[Larry]

So much for Nobel Prizes for Milei.

Bloomberg - Are you a robot?

Non Pay Wall Version:

https://archive.ph/xhNcb

Comical. So he is doing the same thing as the K's and other Peronists. Same exact strategy manipulating the exchange rate and blowing all the Central Bank reserves. Hopefully Milei focuses on Argentina now instead of going and accepting semi-dodgy awards all around the world.

 

[crypto]

Comical. So he is doing the same thing as the K's and other Peronists. Same exact strategy manipulating the exchange rate and blowing all the Central Bank reserves. Hopefully Milei focuses on Argentina now instead of going and accepting semi-dodgy awards all around the world.

True. I'm never a fan of manipulating currency exchange rates. The Central Bank is propping up the peso every day now. That is the only thing propping up the peso. Eventually it sounds like the blue dollar is going to explode again once they stop.