Milei Still Props Up Argentina’s Peso Despite Looser Trading Rules

Even after easing Argentina’s tight grip on its currency, President Javier Milei is sticking with a core approach: Intervene, manage and prop up the peso, in an effort to keep...

By Ignacio Olivera Doll · Bloomberg Markets

Even after easing Argentina’s tight grip on its currency, President Javier Milei is sticking with a core approach: Intervene, manage and prop up the peso, in an effort to keep inflation down.