Politics9/30/2025Bloomberg

Milei’s Government Sells Dollars as Peso Starts to Sink Again

Milei’s Government Sells Dollars as Peso Starts to Sink Again

The Argentinian peso is facing renewed volatility, forcing the government to sell dollars in an effort to stabilize the currency. This comes just days after a show of support from the United States had helped prop up the country's financial markets. The peso's decline has put pressure on the government, which has been struggling to manage the country's economic challenges. The decision to sell dollars is a move to try and prevent the peso from plummeting further, as the currency has been a source of concern for the government. The article highlights the ongoing challenges facing Argentina's economy and the government's efforts to maintain stability in the financial markets. The situation remains fluid, and the outcome of the government's intervention remains to be seen.

Source: For the complete article, please visit the original source link below.

Related Articles

National Parks Told to Remain Open During Shutdown Despite Risks
🏛️ Politics4h ago1 min read

National Parks Told to Remain Open During Shutdown Despite Risks

Japan’s Manufacturer Sentiment Improves, Backing BOJ’s Hike Case
🏛️ Politics5h ago1 min read

Japan’s Manufacturer Sentiment Improves, Backing BOJ’s Hike Case

White House Pulls Antoni’s Nomination for Head of BLS
🏛️ Politics5h ago1 min read

White House Pulls Antoni’s Nomination for Head of BLS

US Approves Sale of HIMARS Mobile Rocket Systems to Australia
🏛️ Politics5h ago1 min read

US Approves Sale of HIMARS Mobile Rocket Systems to Australia

White House Commences Shutdown Plans as Democrats Block Funding
🏛️ Politics6h ago1 min read

White House Commences Shutdown Plans as Democrats Block Funding

US Lawmakers Give Up on China Resuming Crop Purchases for Now
🏛️ Politics6h ago1 min read

US Lawmakers Give Up on China Resuming Crop Purchases for Now