Argentina's Peso Declines as Dollar Sales and Market Uncertainty Persist
TL;DR Summary
Argentina's government sold over $450 million to support the peso, which has been declining for three days, despite US aid and capital restrictions, highlighting ongoing economic strain and limited maneuvering space for the authorities.
- Milei Government Sells Dollars as Peso Drops for Third Day Bloomberg.com
- ARS/USD: Currency Arbitrage Costs Milei $2 Billion a Month in Argentina Bloomberg.com
- Argentine assets hit by new selling amid worries over US bailout Financial Times
- Argentina Selloff Resumes The Wall Street Journal
- Argentina bans official dollar sales through e-wallets Buenos Aires Herald
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