Blue Dollar

Oil and agriculture prices protect Milei from higher dollar demand

The demand for dollars in Argentina has reverted to levels reminiscent of the market sell-off experienced last year, despite the unexpected stabilising effect of the conflict in Iran on President Javier Milei’s currency policies. In July, Argentines’ acquisitions of US banknotes surged by 35 percent month-on-month, reaching US$3.4 billion. This figure marks the highest monthly … Read more

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