Buenos Aires, Dec 20, 2024 (AFP) - Argentina's dollar craze cools under greenback-loving Milei

NAMPA / AFP

2024-12-20

"Dollars, selling dollars!" a money changer shouts to people streaming past in Buenos Aires' financial district. But there are no takers as Argentina's decades-long dollar craze finally shows signs of cooling. Over years of high inflation and currency controls, Argentines lined up to trade their increasingly worthless pesos for dollars, propelling the US currency to a record 1,500 pesos on the black market on July 12. But as the inflation rate s......

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