Argentina Inc doesn't want dollarization, business leaders say

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 78%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

itemprop=description content=Market News

MAR DEL PLATA, Argentina, Oct 6 - 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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Argentina Inc doesn\u0027t want dollarization, business leaders sayExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »