Politics10/1/2025•Bloomberg
Milei Government Sells Dollars as Peso Drops for Third Day
The Argentine government has intervened in the currency market to support the peso, which has been declining for the past three days. According to sources, the government has sold dollars in the spot market to stem the peso's drop. This move comes as the country faces economic challenges, with the peso experiencing a sustained decline. The government's decision to sell dollars is an attempt to stabilize the currency and prevent further depreciation. The article highlights the ongoing efforts by the Argentine authorities to manage the currency's value and address the economic pressures facing the country.
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