MAR DEL PLATA, Argentina - Corporate Argentina is strongly against full dollarization of the economy, one of the key proposals of presidential election frontrunner Javier Milei, according to 125 business people Reuters spoke to.
Some two-thirds of those Reuters spoke to supported a bi-monetary system proposed by conservative candidate Patricia Bullrich, who is popular with business leaders but lagging in wider opinion polls. Almost a third favored sticking with the peso, despite its recent slide and triple-digit inflation. The strong corporate opposition underscores one of the challenges a potential future president Milei would face in pushing through his plans for the economy, which also include eventually shutting the central bank.
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