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How the Peso Became Milei's Number 1 Problem
Posted
February 1, 2025
Views
184,502
Likes
5,707
Comments
839
Engagement
3.55%
February 1, 2025
184,502
5,707
839
3.55%
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While 2024 was a good year for Milei, he's struggled to simplify Argentina's currency regime and push towards his goal of dollarisation. So in this video, we'll explain what's so weird about the Argentine Peso and what, if anything, Milei can do about it.
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Sources:
4 Graph comparing blue vs official rate
5 PIIE piece on Milei’s 2025
6 FT article on changes to crawling peg system
7 Argentina’s FX reserves over time
8 PIEE article on Argentina’s debt servicing costs
9 Bloomberg article on new IMF/Argentina deal
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